Abracadabra’s $6.49M loss leads to MIM stablecoin destabilization

Some Abracadabra Finance contracts were drained of $6.49m, causing its Magic Internet Money stablecoin to depeg. source: https://cointelegraph.com/news/abracadabra-s-6-49m-loss-leads-to-mim-stablecoin-destabilization