StablR Stablecoins Depeg After Multisig Exploit Mints Millions in Fake Tokens

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The post StablR Stablecoins Depeg After Multisig Exploit Mints Millions in Fake Tokens appeared first on Coinpedia Fintech News

StablR suffered a security breach on Ethereum after attackers exploited a weak multisig wallet setup that required only one signature for approval. The attacker reportedly gained access to a key holder’s wallet, added malicious owners to the multisig, and minted about 8.35 million USDR and 4.5 million EURR tokens. The exploit caused both stablecoins to …