Resolv’s USR Stablecoin Plunges After $80 Million Unauthorized Mint

A security failure at Resolv Labs has allowed an attacker to mint more than $80 million in unbacked USR stablecoins. This caused the token to violently lose its dollar peg and crash to 25 cents. According to Blockchain Security analysts at Cyvers, this exploit happened due to a flaw in the minting logic. The contracts
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