Apart from inflation concerns and recession fears that are roiling markets across the board, the crypto sector appears to have a problem of its own. Crypto investors’ confidence has been shaken ...

The decentralized finance (DeFi) community was once again rattled by a significant security breach targeting Magic Internet Money (MIM), a USD-pegged stablecoin issued by the Abracadabra protocol.

Investors have embraced Abracadabra Money’s truly decentralized approach to DeFi, and the option to draw stablecoin loans off a growing list of assets appears to be backing SPELL’s rally to new highs.

Crypto platform Magic Eden has announced a partnership with Spark to enhance trading on bitcoin by providing fast and low-cost settlement for native assets. By integrating with Spark, Magic Eden plans ...

DeFi pulls the curtain on financial magic, says EU Blockchain Observatory expert ...

PHOENIX , July 04, 2023 (GLOBE NEWSWIRE) -- In this piece, we will explore the most recent developments from the Magic Bag team, with a broader emphasis on their ongoing initiatives to bolster ...

Amid the crypto market carnage this weekend, another stablecoin slipped below the $1 peg on Saturday, June 18, as the crypto asset called magic internet money (MIM) briefly dropped to a low of $0.914 ...