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

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Some Abracadabra Finance contracts were drained of $6.49m, causing its Magic Internet Money stablecoin to depeg.

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Coin Market

Japan PM not ready to talk about Bitcoin national reserve: Report

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The Japanese Prime Minister said it is “difficult for the government to express its views” on implementing a Bitcoin strategic reserve.

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Coin Market

Yat Siu X account breach likely part of a string of recent hacks: ZachXBT

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The X account of Animoca Brands co-founder Yat Siu was hacked to promote a bogus token in what appears to be latest in a string of similar hacks in the past month.

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Hacked crypto exchange DMM seals deal with SBI, accounts to open March

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SBI VC Trade has sealed a deal with DMM Bitcoin to receive the hacked exchange’s assets, with DMM customers expected to transition to SBI in March.

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