Why abracadabra Is Trending Today?

Explore key developments that caused abracadabra to trend — updated as the story unfolds.

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October 5, 2025 at 6:46 PM

Abracadabra, a decentralized finance (DeFi) platform, has fallen victim to its third exploit in two years, with hackers draining approximately $1.7 million from the platform. The latest incident involves the transfer of funds to Tornado Cash, a service known for facilitating privacy-focused transactions.