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Resolv Labs Pauses Protocol After $23M Exploit Triggers USR Stablecoin Depeg

Bitcoin.com

Bitcoin News / Bitcoin.com 26 Views

Resolv Labs Pauses Protocol After $23M Exploit Triggers USR Stablecoin DepegResolv Labs halted its decentralized finance ( DeFi) protocol early Sunday morning after an exploit allowed an attacker to mint tens of millions of unbacked USR stablecoins, sending the token sharply off its dollar peg. What Caused the Resolv Labs Hack and USR Depeg? The incident struck the Resolv DeFi platform, which offers yield strategies […]
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