StablR Exploit Drains $2.8M as Euro and USD Stablecoins Depeg Following Private Key Compromise
An ongoing exploit targeting StablR has resulted in the depeg of both its Euro and USD stablecoins, with approximately $2.8 million extracted so far. Blockchain security firm Blockaid identified the attack on Sunday, attributing the breach to a compromised private key within the stablecoin issuer’s minting multisignature account. The incident adds to a growing list…
