|All Time High:|
|Market Cap: |
|The price of #MIR today is $0.19 USD.|
The lowest MIR price for this period was $0, the highest was $0.188, and the current live price for one MIR coin is $0.18816.
The all-time high MIR coin price was $15.04.
Use our custom price calculator to see the hypothetical price of MIR with market cap of ETH or other crypto coins.
|The code for Mirror Protocol crypto currency is #MIR. |
Mirror Protocol is 2 years old.
|The current market capitalization for Mirror Protocol is $29,359,659.|
Mirror Protocol is ranking downwards to #405 out of all coins, by market cap (and other factors).
|There is a large volume of trading today on #MIR.|
Today's 24-hour trading volume across all exchanges for Mirror Protocol is $28,592,138.
|The circulating supply of MIR is 156,036,720 coins, which is 42% of the total coin supply.|
|Note that there are multiple coins that share the code #MIR, and you can view them on our MIR disambiguation page.|
More Mirror Protocol (#MIR) News
|SEC Expands Terra's Scope in Mirror Protocol Investigation (Report...
According to South Korean media Money Today, the US Securities and Exchange Commission is expanding the scope of its investigations into the Mirror Protocol to add LUNA.
SEC Vs. Terra
In the latest development in legal tensions, the SEC has sought LUNA-related documents from Terraform Labs as well. In a parallel investigation launched last month, the regulatory entity had been looking into potential Securities Act violations.
But the legal tensions between Terra ecosystem and the SEC date back to September 2021, when Kwon was served with a subpoena as he exited an escalator at Messari's Mainnet conference.
The actual issue was the Terra-based decentralized finance (DeFi) platform - Mirror Protocol - on which synthetic crypto-versions of popular stocks like Tesla, Microsoft, and Airbnb, are minted and traded. Kwon had Initially denied receiving the subpoenas. But later sued the SEC and claimed that the subpoenas were 'improperly issued and served.'
In February this year, a New York court ordered Terraform Labs and its CEO to comply with the subpoenas.
Following this, Kwon filed an appeal overruled on June 8 by a US court, stating he and his company are required to comply with investigations by the SEC into the Mirror Protocol. Kwon argued that the TFL lacked sufficient presence within US markets and that the subpoena should have been delivered to the exec's legal counsel, not him personally.
Upholding the February ruling, the United States Court of Appeals justified the SEC's ...
|Terra-Based Mirror Protocol Averts Crisis but $2M Drained Nonetheless
Mirror Protocol, a decentralized finance app on the old Terra blockchain, has reportedly suffered yet another exploit. The governance participant 'Mirroruser' on Terra Research Forum was the one who discovered the bug on May 30.
Popular Terra analyst and whistleblower 'FatMan' also confirmed the attack shortly thereafter and revealed that if the vulnerability remained untreated, it would put all of its pools for tokenized assets at risk. After hours of delay, the devs finally stepped up and averted the crisis.
It all started with a bug in the pricing oracle for Terra Classic validators that enabled the exploit. For the uninitiated, the Mirror Protocol essentially enables users to create and trade mirrored assets, also known as mAssets, that 'mirror' or are closely tied to the price of stocks, as the name suggests.
The DeFi app has its native versions for Bitcoin - mBTC, Ethereum - mETH, Polkadot -mDOT, etc., which closely mirror the price moves of the underlying assets. In addition to these pools, buggy oracle enabled the attacker to drain the pool for the token representing Galaxy Digital stock - mGLXY - as well.
The 'root cause,' as explained by Chainlink community ambassador 'ChainLinkGod,' was that the validators of the old Terra blockchain (now called the Terra Classic) were running an outdated version of the oracle software that published erroneous pricing. The Terra Classic validators were reporting the price of the new LUNA instead of ...