PANews, March 26: According to the latest disclosure from the stablecoin project Resolv Labs, approximately 46 million of the 80 million USR tokens illegally minted in the March 22 attack have been permanently removed from circulation through burning and blacklisting. Specifically, around 9 million USR were directly burned in two transactions on March 22, and approximately 36 million USR were locked in a blacklisted address following the contract upgrade in the form of wstUSR. The remaining USR held by the attacker’s address have since been destroyed. Resolv Labs stated that no transferable or exchangeable illegally minted assets remain in addresses associated with the attacker.
Resolv Labs Removes 57% of Illegally Minted USR After Hack
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Summary
Following a major crypto hack on March 22, Resolv Labs has permanently removed 57% of the 80 million USR illegally minted. This includes 9 million USR burned across two transactions and 36 million USR locked in a blacklist address after a contract upgrade. Any remaining USR in the attacker’s address has also been destroyed. No illegally minted assets remain transferable or redeemable in the attacker’s linked addresses.
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