Resolv Labs' USR Stablecoin Depegs as Attacker Mints Millions of Tokens
An attacker has exploited Resolv Labs' USR stablecoin, leading to the unauthorized minting of 80 million tokens. This incident has reportedly allowed the attacker to cash out at least $25 million. The exploit resulted in the depegging of the Resolv USR stablecoin, indicating a significant security vulnerability within the protocol. The development highlights the risks associated with stablecoins and the importance of robust security measures.
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