Resolve Hacked for 80 Million USR Tokens

Foresight News posted on X (formerly Twitter). Stablecoin project Resolve has reportedly been hacked, resulting in the unauthorized creation of 80 million USR tokens. According to monitoring by @ai_9684xtpa, the attack began two hours ago when the hacker used 100,000 USDC to mint 50 million USR tokens. The situation remains uncontrolled as the attacker has since minted an additional 30 million USR tokens using another 100,000 USDC. The hacker has utilized the newly minted USR tokens to purchase Ethereum, acquiring nearly 9,000 ETH valued at approximately $20 million. Of these, 5,500 ETH have been transferred to a new address. The incident highlights ongoing security vulnerabilities within the cryptocurrency sector.