Tag: USR

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Resolv Co-Founder Pledges 1:1 Redemptions for All Pre-Exploit USR Holders

Ivan Kozlov shared the first public update on recovery efforts nine days after an attacker minted 80 million unbacked USR tokens and extracted roughly...

Resolv Pauses Protocol After 80M USR Exploit

Resolv Labs has temporarily paused its protocol after an exploit on Sunday in which an attacker minted 80 million unbacked tokens, knocking the dollar...

DeFi Has Seen Resolv’s $25M USR Exploit Many Times Before

The Resolv hack wasn't a surprise. The same structural flaw has drained hundreds of millions from Morpho, Euler, and Fluid over the past year...

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...

Attacker exploits Resolv USR stablecoin to mint 80 million tokens, cashes out $25M: Resolv Labs

An attacker has successfully exploited the Resolv USR stablecoin protocol, minting 80 million tokens and withdrawing at least $25 million before the depeg.An attacker...

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...

Resolv Says No Assets Lost After USR Stablecoin Exploit

Resolv Labs moved Sunday to reassure users after an exploit hit the issuance mechanics of its USR stablecoin, knocking the token off its dollar...

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

Resolv Labs halted its decentralized finance ( DeFi) protocol early Sunday morning after an exploit allowed an attacker to mint tens of millions of...