StablR Stablecoins Depeg After $2.8 Million Exploit
StablR’s Euro (EURR) and StablR USD (USDR) stablecoins lost their pegs on Ethereum on May 24 after an exploit on the project’s minting contract allowed an attacker to extract roughly $2.8 million. Blockchain security firm Blockaid flagged the ongoing attack and attributed the breach to a private key compromise rather than any flaw in StablR’s...
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