Event record
Record sog_ev_mim_2025_03_gm_cauldron_attack
Abracadabra GM Cauldrons attack mints undercollateralized MIM
Abracadabra reported an attack affecting GM cauldrons that minted approximately 13.4 million undercollateralized MIM. Borrowing was disabled across the affected cauldrons and the protocol stated that user collateral was not affected.
- Date
- 2025-03-25
- Category
- Security and chain incident
- Subtype
- Protocol Exploit
- Status effect
- Remained active
- Recovery
- Not applicableNot yet recorded
- Evidence
- 1 source record1 relations
Identity and classification
Overview
Date, taxonomy, impact, recovery, mechanism, confidence, and evidence remain separate.| Date | 2025-03-25 |
|---|---|
| Public event category | Security and chain incident |
| Canonical event subtype | Protocol Exploit |
| Structured detail kind | Other |
| Stablecoin subjects | Magic Internet Money |
| Organization subjects | Abracadabra Money |
| Impact | Critical |
| Effect on stablecoin lifecycle | Remained active |
| Canonical status-effect value | Active with Security Incident Context |
| Recovery or reversal | Not applicable |
| Recovery date | Not Applicable |
| Cause or mechanism | cauldron_integration_and_state_validation_exploit |
| Structured detail coverage | Description and source record only |
| Record confidence | High |
- Date
- 2025-03-25
- Public category
- Security and chain incident
- Canonical subtype
- Protocol Exploit
- Structured detail kind
- Other
- Impact
- Critical
- Status effect
- Remained active
- Recovery
- Not applicable
- Recovery date
- Not yet recorded
- Cause or mechanism
- cauldron_integration_and_state_validation_exploit
- Record confidence
- High
Affected records
Subjects
Stablecoin and organization subjects remain separate record groups.Magic Internet Money
Open the stablecoin dossier for current state, organizations, deployments, evidence, and unknowns.
Abracadabra Money
Open the organization record for roles, relationships, events, evidence, and unknowns.
Provenance
Evidence
Source identity, publisher, publication date, reliability, archive, and relation count remain separate.| Source | Publisher | Source category | Provenance | Primary or secondary | Supported claims | Archive | Reliability |
|---|---|---|---|---|---|---|---|
| Post Mortem - attack on GM Cauldrons 25/03/25 Published 2025-03-27 | Abracadabra Money | Official statement or announcement Canonical: Protocol Postmortem | Subject-controlled source | Primary source | Mim Gm Cauldron Exploit and Response | No archive recorded | High |
Post Mortem - attack on GM Cauldrons 25/03/25
- Publisher
- Abracadabra Money
- Published
- 2025-03-27
- Reliability
- High
- Relations
- 1
Maintenance