ChainCatcher reports that "on-chain detective" ZachXBT disclosed on his personal channel that two contracts associated with European stablecoin issuer StablR appear to have been compromised, with potential losses exceeding $3 million (EURR and USDR). The attacker’s funds originated via the CCTP platform on Noble. Additionally, ZachXBT has revealed seven addresses currently linked to this security incident.
StablR Stablecoin Contracts Suspected of Being Compromised, Losses Exceed $3M
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Summary
On-chain news reveals that two StablR stablecoin contracts may have been compromised, with losses exceeding $3 million in EURR and USDR. The attack was traced back to the CCTP platform on Noble, according to ZachXBT, who also shared seven attacker addresses. The security breach has raised concerns among stablecoin observers.
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