StablR, a European stablecoin issuer, has reportedly suffered a security breach affecting two of its contracts, resulting in losses exceeding $3 million. The breach, disclosed by on-chain analyst ZachXBT, involves the EURR and USDR stablecoins. The attacker allegedly funneled funds through the CCTP platform on Noble. ZachXBT has identified seven addresses linked to the incident, highlighting the ongoing security challenges in the crypto space.
StablR Stablecoin Contracts Breached, Over $3M in Losses Reported
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