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2026-05-24 22:34:07 CEST

RWATimes on Nostr: 📰 StablR depeg shock hits EURR and USDR after $2.8M exploit warning 🗓️ May 24 ...

📰 StablR depeg shock hits EURR and USDR after $2.8M exploit warning
🗓️ May 24 2026 08:45 UTC

StablR USDR and EURR depeg after a suspected key compromise lets an attacker mint tokens and extract 1,115 ETH worth $2.8M in DEX swaps now.

➤ StablR's stablecoins, USDR and EURR, lost their pegs following a $2.8 million exploit attributed to a compromised private key for their minting multisig.
➤ The attacker gained control of minting permissions, created new tokens, and then swapped them for ETH on decentralized exchanges, highlighting a failure in key management and governance.
➤ This incident occurs amidst a broader wave of security issues in the crypto space, impacting bridges and other protocols, and underscores the risks associated with stablecoin minting controls.

#stablr #usdr #eurr #depeg #exploit #privatekeycompromise #multisig #stablecoin #ethereum #blockaid

🔗 Read more at: https://rwatimes.io/articles/coinmarketcap-stabl-r-depeg-shock-hits-eurr-and-usdr-after-2-8-m-exploit-warning-1164547117