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Resolv Pauses USR Stablecoin After Attacker Mints 80 Million Unbacked Tokens

An attacker exploited a minting flaw in Resolv’s USR stablecoin contract, creating roughly 80 million unbacked tokens from a $200,000 USDC deposit and extracting approximately $25 million. The protocol has been paused, with USR depegging sharply before partial recovery; collateral remains intact.

Attacker exploited a flaw in the USR minting contract’s SERVICE_ROLE, minting ~80 million unbacked tokens from roughly $200,000 USDC. Proceeds converted to ETH; primary attacker wallet holds 11,409 ETH worth ~$23.7 million plus additional wstUSR exposure. USR depegged to $0.025 on Curve Finance within 17 minutes; later recovered partially to ~$0.85 but remains off-peg. Resolv Labs…

Weekly Snapshot – SEC Clarity Sparks Crypto Revival Amid Macro Headwinds

SEC Chair Paul Atkins declared at the DC Blockchain Summit on March 17 that most crypto assets are not securities under federal law—only tokenized traditional securities remain under jurisdiction. This landmark clarification ends years of uncertainty, enabling clearer business models, product launches, and institutional entry. The ruling is expected to accelerate ETF approval…

MLB Names Polymarket Official Prediction Market Partner
MLB officially names Polymarket its exclusive prediction market exchange partner with access to league data, logos and…
SEC Approves Nasdaq’s Tokenized Securities Trading Pilot
The SEC approved Nasdaq’s rule change to enable tokenized versions of certain securities to trade on its exchange…

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