EURR news archive

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  1. Published Social post

    GoPlus Security 🚦 (@GoPlusSecurity)

    🧵1/ 5 ⚠️ Vulnerability Analysis: Breakdown of the StablR exploit incident The stablecoin protocol @StablREuro suffered a security incident on Ethereum due to an insecure multisig contract configuration (with the multisig threshold set to 1), combined with the compromise of a holder’s private key. As a result, the EURR and USDR stablecoins depegged by 20%, while the attacker has profited approximately $2.8 million.

  2. Published Social post

    Wu Blockchain (@WuBlockchain)

    StablR Stablecoins Depeg After $13.5M Multisig Exploit According to The Block, Tether- and Kraken-backed stablecoin issuer StablR saw its EURR and USDR stablecoins depeg after an attacker exploited a 1-of-3 multisig wallet and minted $13.5 million in unbacked tokens. EURR fell to $0.85 while USDR dropped as low as $0.40. The attacker reportedly swapped over $10 million worth of tokens for ETH. https://x.com/TheBlockCo/status/2058565879160246422?s=20

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