Copying' $50 Million with $100,000... Resolve Labs' 'USR' Stablecoin Collapses Due to Hack
A hacker turned a $100,000 deposit into $50 million and cashed out 33 billion KRW (approx. $24M) in Ethereum. Due to the exploit, Resolve Labs has completely halted its protocol for the Ethereum-based stablecoin USR, highlighting severe DeFi security vulnerabilities despite having undergone audits.
Key takeaway
"Copying' $50 Million with $100,000... Resolve Labs' 'USR' Stablecoin Collapses Due to Hack" — BullBear's AI rates this story as a bearish (negative) signal for markets, with a market-impact score of 45 out of 100. A hacker turned a $100,000 deposit into $50 million and cashed out 33 billion KRW (approx. $24M) in Ethereum. Due to the exploit, Resolve Labs has completely halted its protocol for the Ethereum-based stablecoin USR, highlighting severe DeFi security vulnerabilities despite having undergone audits. Reported by Maeil Business on March 23, 2026. The call is verified against the actual 24-hour price move on BullBear's public conviction ledger.
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