Abracadabra Hack Exposes Logic Flaw

Oct 9, 2025 · 2 min read · On October 4, 2025, the Abracadabra protocol faced a significant exploit in its Cauldron V4 contracts, resulting in the theft of around 1,793,766 MIM (~$1.8M). The attack exploited a logic flaw in the cook() multi-action function. Specifically, Actio...