Abracadabra

Abracadabra, a decentralized finance platform, suffered a cyberattack in March 2025 resulting in the theft of 6,260 ETH, valued at nearly $13 million. The attack targeted Abracadabra's gmCauldrons, specifically exploiting contracts tied to liquidity tokens from decentralized exchange GMX. The stolen funds, crucial to users for borrowing against crypto collateral, raised significant concerns within the DeFi community. Abracadabra's response included disabling further borrows, offering the hacker a bounty for the stolen assets, and engaging with blockchain forensics for tracking.

Source: https://thecyberexpress.com/abracadabra-cyberattack/

TPRM report: https://scoringcyber.rankiteo.com/company/abracadabra-films?trk=ppro_cprof

"id": "abr1023032625",
"linkid": "abracadabra-films?trk=ppro_cprof",
"type": "Breach",
"date": "3/2025",
"severity": "100",
"impact": "4",
"explanation": "Attack with significant impact with customers data leaks"

{'affected_entities': [{'industry': 'Finance',
                        'name': 'Abracadabra',
                        'type': 'DeFi Platform'}],
 'attack_vector': 'Contract Exploitation',
 'date_detected': 'March 2025',
 'description': 'Abracadabra, a decentralized finance platform, suffered a '
                'cyberattack in March 2025 resulting in the theft of 6,260 '
                'ETH, valued at nearly $13 million. The attack targeted '
                "Abracadabra's gmCauldrons, specifically exploiting contracts "
                'tied to liquidity tokens from decentralized exchange GMX. The '
                'stolen funds, crucial to users for borrowing against crypto '
                'collateral, raised significant concerns within the DeFi '
                "community. Abracadabra's response included disabling further "
                'borrows, offering the hacker a bounty for the stolen assets, '
                'and engaging with blockchain forensics for tracking.',
 'impact': {'brand_reputation_impact': 'Significant Concerns',
            'financial_loss': '$13 million',
            'operational_impact': 'Disabling Further Borrows',
            'systems_affected': 'gmCauldrons'},
 'motivation': 'Financial Gain',
 'response': {'containment_measures': 'Disabling Further Borrows',
              'third_party_assistance': 'Blockchain Forensics'},
 'title': 'Abracadabra DeFi Platform Cyberattack',
 'type': 'Cyberattack',
 'vulnerability_exploited': 'Liquidity Token Contracts'}