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 …