Resolv Labs’ stablecoin depegs as attacker mints millions of tokens
An attacker has exploited the Resolv USR stablecoin to mint 80 million tokens and has reportedly been able to cash out at least $25 million.
An attacker has exploited the Resolv USR stablecoin to mint 80 million tokens and has reportedly been able to cash out at least $25 million.
Original source
Read on CointelegraphRelated market context
Ripple chases AI’s machine economy as XRPL stablecoins near $1 billion
Stablecoin liquidity on the XRP Ledger (XRPL) has nearly doubled over the past month, putting the network within reach of a $1 bil...
Millions Recovered in Crypto as $100M Fraud Scheme Falls Apart
A federal fraud case led to major crypto seizures after prosecutors said nearly $100 million moved through bank accounts and excha...
The next DeFi drain could come from legacy contracts everyone forgot
The Raydium AMM V3 exploit drained roughly $1.34 million from a phased-out program tied to five pools outside the current product...
Kraken Adds USDCx Support On Canton As Institutional Stablecoin Rails Expand
TL;DR Kraken says it now supports USDCx deposits and withdrawals on the Canton Network. USDCx is described as a Canton-native stab...
Coinbase Council Warns 7 Million Bitcoin May Face Future Quantum Risk
TL;DR Coinbase’s Quantum Advisory Council says post-quantum migration planning should begin before quantum attacks become practica...
Ethena Labs to allocate $250 million to Securitize’s Tokenized AAA CLO Fund as it deploys on Solana
STAC is one of Securitize’s in-house offerings that provides onchain access to institutional-grade, floating-rate structured credi...