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Tag: USR

Resolv Labs’ USR Stablecoin Depegs After Compromised Key; Protocol Loses an Estimated $23–$25M

Resolv Labs suffered a severe credibility shock, when its USR stablecoin broke sharply below the dollar after an attacker minted tens of millions of unbacked tokens and dumped a large portion of the proceeds into Ether. The collapse wiped out the stability narrative around USR in a matter of minutes and turned a protocol-level exploit […]

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