Resolv says no assets lost as DeFi protocols respond to $24M USR exploit
USR issuer Resolv Labs says its collateral pool remains intact after an exploit on Sunday that minted 80 million unbacked tokens and drove the US dollar stablecoin as low as $0.14.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
USR issuer Resolv Labs says its collateral pool remains intact after an exploit on Sunday that minted 80 million unbacked tokens and drove the US dollar stablecoin as low as $0.14.
Why this matters
This maps to the Security Incidents hub, so it can help confirm whether that theme is gaining breadth across the crypto news cycle.
Original source
Read on CointelegraphRelated market context
S&P brings ratings-style scrutiny to $10 billion crypto vault market as $6 million Base incident exposes risks
S&P Global is bringing ratings-style risk assessments to crypto lending vaults as the fast-growing market confronts fresh security...
Cybersecurity consultant found guilty of stealing $55M in crypto from Uranium Finance
The conviction highlights the vulnerabilities in DeFi systems and underscores the effectiveness of blockchain forensics in tracing...
XRP ETFs now hold $1.7 billion but took in just $4M last week
XRP traded around $1.43 on Oct. 7, down 5.46% over 24 hours. Five tracked US spot XRP ETFs held an estimated $1.7 billion at the p...
Cardano Brings Compliance Rules On-Chain With CIP-0113 Launch
TL;DR: Cardano’s CIP-0113 programmable token standard is now live on mainnet. It gives issuers the ability to build controls such...
Chainlink’s Sergey Nazarov discusses digital assets and AI at Sibos 2026
The shift towards tokenized deposit chains by banks signifies a move from experimentation to infrastructure ownership, necessitati...
Hong Kong to regulate bitcoin and digital assets with new legislation this year
Hong Kong's regulatory move may bolster investor trust and align with global trends, potentially driving increased bitcoin adoptio...