News section
Resolv Labs burns hacked USR as exploit losses hit $34m
Resolv Labs used a contract upgrade to burn 36.73m USR from the attacker’s address after March’s minting exploit.The attacker created 80m unbacked USR with under $200k in collateral and dumped 34m USR for about 11,409 ETH (~$24.48m).The episode spotlights DeFi key management failures as Resolv faces an estimated $34m net loss despite claiming its collateral pool is intact.
2026-04-06 14:34:42
Crypto hack, exploit losses reach $52 million in March: PeckShield
PeckShield reported that losses from crypto hacks and exploits reached $52 million in March.A significant portion of the losses came from an exploit on Resolv Labs, which resulted in the theft of $25 million worth of USR stablecoins.
2026-04-01 17:28:00
Resolv temporarily halts protocol to ‘contain the impact’ of 80M USR exploit
Resolv’s USR dollar stablecoin is trading at just $0.24 after an attacker minted 80 million unbacked tokens, forcing a full protocol pause and reopening fears over stablecoin risk.
2026-03-24 13:57:49
