Odaily Planet Daily reports, according to Onchain Lens monitoring, the Resolve attacker used 200,000 USDC to mint $80 million in USR, then exchanged it for wstUSR, followed by conversion into USDC and USDT. The attacker has since used $17.24 million in USDT and USDC to purchase 9,111 ETH and may continue buying ETH.
Attackers Mint $80M USR and Purchase 9,111 ETH
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Summary
ETH news: Attackers exploited the Resolve protocol to mint $80 million in USR using 200,000 USDC. They later converted the USR into wstUSR, then into USDC and USDT, using $17.24 million in stablecoins to purchase 9,111 ETH. ETH update: The attackers may continue buying ETH.
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