DeFiBearishcrypto.news · Apr 67/10
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Resolv Labs burns hacked USR as exploit losses hit $34m
Resolv Labs burned 36.7 million USR stablecoins after a security breach allowed an attacker to mint 80 million unbacked tokens through key compromise. The exploit resulted in $24.5 million in ETH being dumped and created a $34 million hole in the protocol's reserves.
$ETH