BitcoinWorld
StablR Halts USDR and EURR Services Following $13.5 Million Exploit
European stablecoin issuer StablR has suspended issuance and redemption services for its USDR and EURR tokens following a security breach that led to the unauthorized...
The breach, linked to a 1-of-3 multisig wallet weakness, allowed attackers to compromise a key and mint $13.5 million in unbacked tokens, netting them $2.8 million.
The post StablR Stablecoins Depeg After Multisig Exploit Mints Millions in Fake Tokens appeared first on Coinpedia Fintech News
StablR suffered a security breach on Ethereum after attackers exploited a weak multisig wallet setup that required only...
BitcoinWorld
StablR Hack: European Stablecoin Issuer Reportedly Loses Over $10 Million in Security Breach
European stablecoin issuer StablR has reportedly fallen victim to a significant security breach, with losses potentially exceeding $10...
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...
