The post Abracadabra Finance Hit by $6.5M Attack: Lending Platform Faces Significant Damage appeared first on Coinpedia Fintech News The Abracadabra Finance platform was hit with a serious security breach, causing a temporary loss of $7 million. This incident raised concerns as the platform already dealt with significant bad debt. The security breach prompted a decline in the value of its stablecoin, Magic Internet Money (MIM), which dropped to $0.7638. Subsequently, the price has …