Resolv Labs: Confirms Vulnerability Attack, Attacker Mints 50 Million USR, Protocol Suspends All Functions

Deep Tide TechFlow News, March 22 — According to an official announcement, the stablecoin protocol Resolv confirmed it was attacked. The attacker exploited the vulnerability to mint 50 million uncollateralized USR stablecoins. After the incident, the Resolv team urgently paused all protocol functions to prevent the attacker from carrying out further malicious actions and stated that they are actively working on recovery.

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