#eurr

[rwatimes]

StablR freezes USDR and EURR after attacker mints $13.5 million in unbacked tokens

The breach, linked to a 1-of-3 multisig wallet weakness, allowed attackers to compromise a key and mint $13.5 million in unbacked tokens, netting them $2.8 million.

➤ StablR has suspended its USDR and EURR stablecoin operations due to a cyberattack that resulted in the minting of $13.5 million in unbacked tokens. ➤ The attack exploited a weakness in a 1-of-3 multisig wallet, leading to the tokens becoming under-collateralized and failing to meet MiCA regulatory requirements. ➤ StablR is investigating the breach with external firms and law enforcement, and has notified Maltese financial regulators.

[rwatimes]

2 stablecoins européens victimes d’un hack : MiCA n’a rien empêché

La plateforme StablR a fait face à une cyberattaque majeure, perturbant la parité de ses stablecoins, l'Euro StablR et le Dollar StablR.

➤ The StablR platform experienced a major cyberattack, leading to a loss of parity for its Euro StablR (EURR) and Dollar StablR (USDR) stablecoins. ➤ The attack exploited a vulnerability in the multisignature key management system, allowing for the unbacked issuance of millions of tokens. ➤ Despite operating under the EU's MiCA regulation and having a license from Malta, the incident highlights internal governance and operational security failures, impacting investor confidence.

[rwatimes]

Depeg des stablecoins EURR et USDR de StablR - Que s'est-il passé ?

L’émetteur des stablecoins EURR et USDR, StablR, a été ciblé par une attaque ayant entraîné la création de plus de 10 millions d'unités.

➤ StablR's EURR and USDR stablecoins experienced a depeg after an exploit allowed for the unauthorized minting of over $10 million worth of tokens. ➤ The attack was attributed to a failure in key management and governance, rather than a smart contract bug, leading to significant losses and loss of peg. ➤ The incident highlights regulatory concerns in Europe and provides ammunition for the ECB's stance against stablecoins, while also raising questions about operational security in the crypto space.

[rwatimes]

Stablecoin issuer StablR potentially exploited for over $10M in dual contract attack: ZachXBT

According to blockchain sleuth ZachXBT, two contracts related to StablR may have been exploited in an attack worth more than $3 million.

➤ European stablecoin issuer StablR is reportedly facing an exploit affecting its EURR and USDR stablecoins, with estimated losses exceeding $10 million. ➤ The attack appears to have involved two contracts and the attacker's wallet was funded via the Cross-Chain Transfer Protocol (CCTP). ➤ StablR, which has received backing from investors like Tether, is focused on compliant stablecoin infrastructure in Europe.

[cultural-marxism-official]

Tagged by @anarchyongallifrey 

5 things you’ll find in my bag: 

-my broken ass computer

-some snacks I shouldn’t be eating

-meds

-clothespins(I need them for reasons)

-3DS

5 things you’ll find in my bedroom:

-too many dragon effigies

-gay ass fairy lights for my gay ass

-coloring books

-my playstations

-picture of queen elizabeth 

5 things I’ve always wanted to do in life:

-go to space

-dig up a dinosaur fossil

-have a money

-write books

-own a dog

5 things that make me happy:

-doggos

-my close good friends

-my main squeeze in finland, a very good boy ;) ;) ;) ;) ;)

-sugar

-video games

5 things I’m currently into:

-being gay

-warframe

-speedrunning

-not sleeping

-eric andre

5 things on my to-do list:

-get my shit together

-finish watching star trek

-pray I don’t kill my plants/children

-get a new computer

-visit my grandparents

5 things people may not know about me:

-I’ve listened to the entire interstellar soundtrack over 1000000 times

-I prefer always having music playing

-I’m borderline

-I’m a god damn furry

-I’m afraid

I’m gonna tag @fishndicks as punishment for being the way he is and @threefeline :3c

[sisig-ackerman]

Growing old just doesn't work out for some poeople

[allysanicole]

Now that I remembered. I hate seeing people I know at the gym. HAHA, omg. Embarassinnnnng!! (x

[crabscrabscrabs]

If everyone is disgusted with big business and corruption, and the constant seeking of profits why do people still refuse to look at an alternative to capitalism.