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
Granite Protocol Listing Shows Bitcoin DeFi Is Still Building On Stacks
Granite Protocol has been listed on Borrow on Bitcoin, adding another lending route for users who want to put Bitcoin-linked colla...
RedStone launches settlement layer to unlock $30 billion in idle tokenized assets for DeFi
Unlocking idle tokenized assets for DeFi could enhance liquidity and market efficiency, but centralization risks may challenge dec...
As Ethereum turns 11 years old it hosts $148B in stablecoins, but daily mainnet revenue just fell to $330k
Ethereum turned 11 on July 30, the anniversary of the day users generated and loaded the Frontier genesis block in 2015. In its fi...
Coinbase spent 5 years building a life raft away from Bitcoin and still managed to lose $359M
Coinbase told investors on Thursday that 88% of its second-quarter net revenue came from something other than Bitcoin spot trading...
From crypto treasury to AI data centers: Inside the aggressive 4,375 ETH selloff that just hit a massive collateral wall
Japan-listed Quantum Solutions expanded the amount of Ether its group may sell through Oct. 30, 2026, after subsidiary GPT Pals St...
Ethereum Turns 11 With $148B Stablecoin Base But Cooler Mainnet Fees
Ethereum has turned 11, and the network’s birthday arrives with a very Ethereum-style contradiction: it is still one of the most i...