An attacker exploited a broken minting function in Resolv Labs smart contract, minting $80 million in unbacked USR tokens and converting them into approximately 9,100 ETH. USR crashed from its $1.00 peg to $0.025 within minutes. The attacker extracted an estimated $25 million before the protocol’s circuit breakers activated and paused all operations. Resolv Labs … Continue reading An Attacker Just Minted $80 Million in Fake Resolv USR Stablecoins