Latest News and Articles about Stablecoin Security
Circle’s USDC in $285M Drift Hack: Stablecoin Freeze Debate Erupts
Circle’s USDC Under Siege: $285M Drift Hack Ignites Stablecoin Freeze Controversy A jaw-dropping $285 million hack on the Drift protocol has dragged Circle, the issuer of USDC, into a firestorm of criticism, exposing raw tensions over centralized control in the crypto realm. With $71 million in USDC stolen in a blink and hackers exploiting Circle’s […]
Read MoreResolv Labs Hit by $25M Exploit: USR Stablecoin Plummets 88%
Resolv Labs Reels from $25M Exploit as USR Stablecoin Crashes On March 22, Resolv Labs, the creators of the overcollateralized stablecoin USR, took a brutal hit with a $25 million exploit that sent their token spiraling into chaos. This latest DeFi debacle exposed a gaping flaw in their system, crushed USR’s peg, and reignited debates […]
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