StablR Stablecoins EURR and USDR Depeg After $13.5M Multisig Exploit
An attacker exploited a 1-of-3 multisig wallet belonging to Tether- and Kraken-backed stablecoin issuer StablR, minting $13.5 million in unbacked tokens. This caused EURR to drop to $0.85 and USDR to depeg from its dollar peg.
StablR’s EURR and USDR depeg after attacker mints $13.5 million in unbacked tokens through multisig exploit
StablR Stablecoins Depeg After $13.5M Multisig Exploit According to The Block, Tether- and Kraken-backed stablecoin issuer StablR saw its EURR and USDR stablecoins depeg after an attacker exploited a 1-of-3 multisig wallet and minted $13.5 million in unbacked tokens. EURR fell to $0.85 while USDR d
StablR Stablecoins Depeg After $13.5M Multisig Exploit According to The Block, Tether- and Kraken-backed stablecoin issuer StablR saw its EURR and USDR stablecoins depeg after an attacker exploited a 1-of-3 multisig wallet and minted $13.5 million in unbacked tokens. EURR fell to $0.85 while USDR