StablR EURR and USDR Stablecoins Break Peg Following Multisig Compromise and Unauthorized Token Creation
A serious security incident has hit StablR, causing its euro-linked EURR and dollar-linked USDR stablecoins to lose their intended parity. The breach enabled the production of roughly $13.5 million in unsupported tokens through unauthorized access to administrative controls. The event, which surfaced on May 24,… Read More
Read more in: Blockchain & Digital Assets | Tagged defi, exploit, security breach, stabir, stablecoins