Resolv’s USR stablecoin depegs after attacker mints 80 million unbacked tokens, extracts roughly $25 million

TL;DR:

Analysts traced the flaw to a privileged minting role controlled by a single externally owned account with no mint limits or oracle checks.

Key Points:

Background:

Cryptocurrency markets continue to evolve with new developments affecting the broader digital asset ecosystem.

Why It Matters:

This development could influence SOL price action and market sentiment in the near term.