A private key exploit let an attacker mint $10 million in StablR tokens and dump them for ETH, depegging EURR and USDR.

According to blockchain sleuth ZachXBT, two contracts related to StablR may have been exploited in an attack worth more than $3 million.

A private key exploit let an attacker mint $10 million in StablR tokens and dump them for ETH, depegging EURR and USDR.

StablR stablecoin exploit: minting non autorizzato ha causato depeg di EURR e USDR, sollevando timori su governance, chiavi e liquidità.

StablR's EURR and USDR lost their pegs May 24 after a 1-of-3 multisig exploit minted $10.4M in unbacked tokens on DEXes.

StablR, a European stablecoin issuer backed by Tether, suffered an exploit on Saturday that drained funds from its minting contract and sent both its euro and dollar-pegged tokens…

EURR fell to $0.85 and USDR fell as low as $0.40 after an attacker dumped roughly $10.4 million in face value on decentralized exchanges.

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.

Hack stablecoin StablR: token non garantiti creati, USDR ed EURR hanno perso il peg; minting sospeso e indagini MiCA in corso.

Another stable coin attack reignites the debate over crypto centralization.