Dossier
$13.5 million
Coverage of $13.5 million in the Nexus archive.
- StablR’s EURR and USDR depeg after attacker mints $13.5 million in unbacked tokens through multisig exploit
StablR’s EURR and USDR stablecoins depegged after an attacker exploited a multisig vulnerability to mint $13.5 million in unbacked tokens, leading to massive sell-offs on decentralized exchanges. EURR dropped to $0.85 and USDR fell as low as $0.40 as the attacker dumped $10.4 million in face value.