Attacker exploits Resolv USR stablecoin to mint 80 million tokens, cashes out $25M: Resolv Labs
The post Attacker exploits Resolv USR stablecoin to mint 80 million tokens, cashes out $25M: Resolv Labs appeared on BitcoinEthereumNews.com.
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 has exploited Resolv Labs’ USR stablecoin to mint 80 million tokens, causing the stablecoin to depeg from its $1 peg. The attacker has reportedly cashed out at least $25 million from the exploit, marking a significant security breach for the protocol. The incident represents a critical failure in Resolv Labs’ token minting controls and represents a major loss for USR holders and the protocol. Stablecoin exploits of this magnitude underscore ongoing risks in DeFi protocols, particularly around access controls and minting mechanisms. Sources: ResolvLabs on X, PeckShieldAlert on X This article was generated automatically by The Defiant’s AI news system from publicly available sources. Source: https://thedefiant.io/news/hacks/resolv-usr-stablecoin-exploit-80-million-minted-vholbs
Filed under: News - @ March 23, 2026 12:10 am