StablR Stablecoin Depegs Following Attack, Over $3 Million Lost
Source: Kucoin
Published:
<p>On May 24, the stablecoin protocol StablR was attacked, causing its compliant euro stablecoin EURR and dollar stablecoin USDR to sharply depeg due to illegal mass minting, with declines of up to 20%, resulting in actual losses exceeding $3 million. The attack stemmed from a loss of control over m