Wonderland co-founder throws in the towel on beleaguered DeFi project

The DeFi debacle has caused ripples across the ecosystem as the project head looks to wind things up.

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Terra, Abracadabra Stablecoins “Are Going to Zero”: Maker Founder

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Spell Token Price Up 20% After AIP #1 Proposal Passes With a Large Majority

Spell Token price is up over 20% today, making it the biggest gainer on Crypto.com. With a market cap of over $2 billion and a 24-hour trading volume of $171 million, Spell Token is making waves in crypto markets. Let’s look at Spell Token and see why its price is rising today. What Is Spell […]

The post Spell Token Price Up 20% After AIP #1 Proposal Passes With a Large Majority appeared first on NullTX.

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Magic Internet Money races past $1B, sets sights on MakerDao

Abracadabra Money enables users to provide collateral via interest-bearing bearing tokens and borrow the Magic Internet Money stablecoin against their holdings.

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Abracadabra Protocol To Counter CRV Risk With 200% Interest Rate Hike

DeFi lending protocol, Abracadabra Money, is currently debating a proposal to boost the interest rate in its CRV lending markets as it looks to mitigate its exposure to the DeFi token.  In the last few days, CRV  has seen its value decline significantly due to the recent Curve Finance exploit on Sunday, which resulted in [...]

The post Abracadabra Protocol To Counter CRV Risk With 200% Interest Rate Hike appeared first on Crypto Breaking News.

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