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Nearly $13 million stolen from Abracadabra Finance in crypto heist

ID: d807e8ad-c09d-584e-ac0d-97f406e00c19

STIX ID: report--d807e8ad-c09d-584e-ac0d-97f406e00c19

Feed Name: The Record from Recorded Future News

Threat Score
70/100

Date Published: 2025-03-25

Date Updated: 2026-05-01

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Abracadabra Finance confirmed an exploit of its "cauldrons" lending markets that resulted in the theft of roughly 6,260 ETH (about $12.9–$13M). Core contributors and external security firms including Guardian and Chainalysis are investigating; blockchain firms traced the initial funds to Tornado Cash and the platform offered a 20% bug bounty while taking its front end offline.

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