Resolv Labs’ Stablecoin Depegs Amid Exploit

Resolv hacker sits on $25M loot as DeFi protocols assess losses

The post Resolv hacker sits on $25M loot as DeFi protocols assess losses appeared on BitcoinEthereumNews.com. Resolv Labs, the protocol behind overcollateralized stablecoin USR, suffered an exploit in the early hours of Sunday, March 22. The attack, which specifically targeted USR, saw the attacker depositing about $200,000 in USDC and carting away 80 million freshly minted USR tokens. The incident caused USR, which is natively backed by Ether (…

Resolv Protocol Exploited – Attacker Swaps 200K USDC for $23.8 Million in Major Security Breach

The DeFi ecosystem has recently experienced an advanced exploitation which continues to show the ongoing vulnerabilities with the minting mechanisms of various protocols within the DeFi ecosystem. On March 22, 2026, the security monitoring platform known as Lookonchain notified the community about an enormous breach involving Resolv, which is a synthetic asset management protocol. Based on on-chain data, a hacker converted a small amount of 200,…

Resolv Labs Pauses Protocol After $23M Exploit Triggers USR Stablecoin Depeg

Resolv Labs halted its decentralized finance ( DeFi) protocol early Sunday morning after an exploit allowed an attacker to mint tens of millions of unbacked USR stablecoins, sending the token sharply off its dollar peg. What Caused the Resolv Labs Hack and USR Depeg? The incident struck the Resolv DeFi platform, which offers yield strategies […]

US Dollar-Based Stablecoin USR Crashes Amid Critical Exploit

A popular stablecoin has taken an enormous hit as a logic flaw got severely abused by an attacker.

Resolv Labs' Stablecoin Depegs as Attacker Mints Millions of Tokens

A stablecoin linked to the crypto project Resolv Labs has fallen off its dollar peg after a deliberate exploit allowed an attacker to mint millions of USR tokens. Resolv Labs announced on X that the protocol’s functions were paused to curb further damage and that the team is working on recovery efforts. On Sunday, the attacker minted 50 million USR, apparently by depositing 100,000 worth of USDC, prompting a rapid depeg and a liquidity crunch ac…