Abracadabra Hit by $13 Million Attack

TL;DR A DeFi hacker exploited a vulnerability in Abracadabra’s smart contracts to steal over $13 million, primarily in ETH. The attacker involved a sophisticated flash loan strategy, targeting the protocol’s “cauldrons” connected to GMX’s liquidity pools. While GMX confirmed its core contracts remain secure, the incident underscores the persistent risks in decentralized finance, where even. source: https://crypto-economy.com/abracadabra-hit-by-13-million-attack/