Tag: mints

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Resolv Labs stablecoin plummets 80% as exploiter mints millions in unbacked USR tokens – DL News

Resolv Labs’ USR stablecoin plummeted after a private key exploit.The attacker minted 80 million USR tokens using less than $200,000 in collateral.Vault curators on...

Resolv stablecoin drops 70% after $80 million exploit after attacker mints USR

A stablecoin is supposed to be worth a dollar. Resolv's USR is worth 27 cents and the math to fix it doesn't work.Resolv Labs...