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Mica Compliant Euro Stablecoin Depegs To 0 85 After 1 Of 3 Multisig Exploit Drains Millions

Source: news.bitcoin.com

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<p>Malta-based stablecoin issuer StablR suffered a security incident on Sunday, after an attacker exploited a weak multisig configuration to mint millions of unbacked EURR and USDR tokens and dump them on decentralized exchange ( DEX ) platforms.</p> <p>Reports say the breach did not stem from a sma

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