Search results for "USR"
2026-03-23
10:39

Daily Cryptocurrency News (March 23) | USR Stablecoin Collapse; Gold Price Plummets 25%

This article summarizes cryptocurrency news from March 23, 2026, focusing on the latest Bitcoin updates, Ethereum upgrades, Dogecoin trends, real-time cryptocurrency prices, and price predictions. Today's major events in the Web3 sector include: 1. Bitcoin miners' mining costs reach $88,000, with market price at $69,200, averaging 21% losses; 2. U.S. Senator proposes: ban prediction market sports betting and casino-style games; 3. USR stablecoin collapse: hackers mint $80 million in uncollateralized tokens, price plummets 70% triggering trust crisis.
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BTC-1,01%
ETH-0,51%
XRP-2,97%
06:28

USR Stablecoin Collapse: Hackers Mint $80 Million in Unsecured Tokens, 70% Price Crash Triggers Trust Crisis

On March 23rd, USR, a stablecoin under Resolv, experienced a major security incident. Attackers exploited a private key leak to mint approximately $80 million in unbacked tokens, causing USR's price to collapse to $0.27, a decline exceeding 70%. Resolv has suspended smart contracts and burned 9 million anomalous tokens, with 71 million unbacked USR remaining in circulation. This incident reflects the fragility of stablecoins in terms of security and transparency, posing challenges to market confidence.
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RESOLV-9,55%
01:41

Resolv Labs Plans to Enable Pre-Attack USR Redemption Feature on March 23

Resolv Labs announces the enablement of redemption functionality for pre-attack USR, scheduled to launch on March 23rd, with affected users required to contact RDAL. This incident stemmed from a third-party attack, with underlying assets remaining uncompromised. The protocol is currently tracking illegally minted USR and recommends users suspend related transactions.
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RESOLV-9,55%
01:27

Fluid Obtains Short-Term Loan to Cover 100% of Protocol Bad Debt, User Funds Secure

The Fluid team has secured short-term loans covering 100% of non-performing debt to ensure user funds safety. ResolvLabs will handle USR positions prior to the security incident, and investors intend to increase FLUID holdings to strengthen protections. Smart contracts are functioning normally, market operations are stable, with potential interest rate fluctuations possible.
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FLUID1,28%
09:47

Fluid Suspends USR Market Trading Due to Resolv Hack Incident, Commits to Full Compensation for Potential Bad Debts

Gate News reported that on March 22, DeFi protocol Fluid released an announcement stating that it learned of the Resolv hacker incident. Fluid's automatic credit limit mechanism prevented excessive borrowing of funds, and the USR market has been suspended from trading with the situation under control. Fluid stated that if there are any bad debts remaining on the protocol, all user losses will be fully compensated. User funds and protocol security are Fluid's top priorities, and a comprehensive review is currently underway. A detailed post-mortem analysis report will be released after the investigation concludes.
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FLUID1,28%