What happens when a fully-licensed, fully-compliant stablecoin issuer still gets hit? In May, one of StablR's three signing keys was compromised, and the attacker minted tokens directly into their own wallet, with no custody breach and no stolen funds involved. Hypernative's https://t.co/lFaqmeMEWR
In May, one of StablR's three signing keys was compromised, allowing an attacker to mint tokens directly into their wallet. This incident occurred despite StablR being a licensed and compliant stablecoin issuer, with no custody breach or stolen funds involved.
Source: Hypernative (opens in a new tab)
