Resolv Labs Burns 36.73M USR Tokens in Contract Upgrade After Hack
ChainCatcher reports that on-chain analyst Yujin said Resolv Labs carried out a contract upgrade about an hour ago that burned 36.73 million USR tokens held by the attacker. The hacker exploited a minting flaw to illicitly create 80 million USR. Of that amount, roughly 34 million USR was sold for 11,409 ETH (\u002224.48 million), with the proceeds deposited to address 0x8ED...81C. Yujin added that about 46 million USR in total was destroyed from the attacker’s address via the upgrade. The incident’s realized loss is estimated at \u002224.48 million.