ChainCatcher report: According to crypto KOL Yusuf’s monitoring, yesterday, two contracts issued by European stablecoin issuer StabIR—EURR and USDR—were attacked, resulting in losses exceeding $10 million. Following the incident, over $100,000 in stolen funds have been frozen, and both USDR and EURR have depegged by more than 20%.
StabIR's EURR and USDR contracts attacked, over $10 million stolen and $100 million lost
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Summary
The stablecoin issuer StabIR's EURR and USDR contracts were hacked, resulting in losses exceeding $100 million. More than $10 million in stolen funds have been frozen, and both stablecoins have depegged by over 20%. The incident has spiked the Crypto Fear & Greed Index, reflecting heightened market uncertainty. Traders are closely monitoring the crypto market’s response to the fallout.
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