Abracadabra Finance confirms a hack of its GM cauldrons, losing 13M MIM stablecoins. Despite the incident, MIM remains pegged, and Abracadabra has recovered 6.5M MIM, repaying 50% of the loss. Blockchain security firm Peckshield revealed attackers siphoned 6,260 ETH, but GMX insists its contracts were unaffected. Abracadabra is working with Chainalysis to track the stolen funds. 🔍💻 In an unprecedented move, the platform offered hackers a bug bounty in exchange for the return of funds, while implementing measures to boost long-term stability, like Berachain cauldrons and new MIM swap tech. How do you see this event shaping DeFi security and trust? Share your thoughts!