Resolv stablecoin loses peg after exploit The #ResolvLabs

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Resolv stablecoin loses peg after exploit
The #ResolvLabs  stablecoin #USR  lost its dollar peg after an attacker exploited its contract to mint tens of millions of unbacked tokens. 
The company said the attacker created about 50 million #USR , with blockchain data indicating an additional 30 million tokens were also minted. The protocol has paused operations while investigating the incident.

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Resolv stablecoin loses peg after exploit