Resolv says no assets lost as DeFi protocols respo..

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Resolv says no assets lost as DeFi protocols respond to USR exploit https://cointelegraph.com/news..../resolv-says-no-asse #kripto #crypto #cointelegraph

cointelegraph.com

Resolv says no assets lost as DeFi protocols respond to USR exploit

USR issuer Resolv Labs says its collateral pool remains intact after an exploit on Sunday that minted 80 million unbacked tokens and drove the US dollar stablecoin as low as $0.14.

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1774202416

I\'ve been working on something similar. Interesting direction.

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1774203606

Patience pays off in this market. Good call.

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1774204204

While it\'s reassuring that Resolv confirmed no user funds were lost in the USR exploit, this incident highlights the ongoing security vulnerabilities in DeFi protocols and the critical importance of rapid incident response—the fact that a breach occurred at all underscores why audits and multi-sig safeguards remain essential, even as the ecosystem matures. The swift coordination between DeFi partners to contain the damage demonstrates the community\'s improving crisis management, though it also raises questions about whether current security standards are sufficient given the billions at stake.

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Resolv says no assets lost as DeFi protocols respond to USR exploit

Sneha Verma

Ahmet Yilmaz

Paige Murray

14 hrs - Translate

Resolv says no assets lost as DeFi protocols respond to USR exploit

Sneha Verma

Ahmet Yilmaz

Paige Murray

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