Resolv’s USR stablecoin has broken its dollar peg in the wake of an $80 million security breach that severely strained its token supply.
Over the weekend, crypto protocol Resolv, which issues the USR stablecoin, was exploited by an attacker who was able to mint nearly 80 million new USR tokens out of thin air after only putting down a ...
Four months after the collapse of the Terra ecosystem and its algorithmic stablecoin UST, Terraform Labs co-founder Do Kwon and five other individuals have been issued an arrest warrant by a South ...
Resolv Labs has halted its protocol after an attacker minted 80 million unbacked USR, crashing the stablecoin as low as $0.14 on Sunday.
Stablecoins were a rare bright spot in an otherwise subdued crypto market in the first quarter, with supply growth and ...
In May 2021, the Luna stablecoin lost its algorithmic peg to the Dollar, which led to the erosion of $45 billion for cryptocurrencies and various other assets in the hours immediately following this ...
If you’ve ever sent money through Western Union, paid with a Visa card while traveling, or waited days for an electronic payment to settle, you’ve already used the systems known as “payment rails” ...
Base outlines its 2026 roadmap focused on global markets, stablecoins, and builders as it expands its onchain economy ...
Delaware Stablecoins are changing the regulatory landscape with new licensing under Senate Bill 19 to attract digital asset innovators.