Browsing: unbacked stablecoin issuance
Corrected report on the StablR exploit: Attackers used a weak multisig structure to mint unbacked EURR and USDR, swapping nearly $10.4M for roughly 1,115 ETH.
Corrected report on the StablR exploit: Attackers used a weak multisig structure to mint unbacked EURR and USDR, swapping nearly $10.4M for roughly 1,115 ETH.