StablR Stablecoin Contracts Exploited, Losses Exceed $3 Million on May 24

According to on-chain detective ZachXBT, two smart contracts related to European stablecoin issuer StablR were exploited on May 24, with losses exceeding $3 million across EURR and USDR tokens.

ZachXBT disclosed that the attacker's funds originated from the CCTP platform on Noble, and identified seven wallet addresses linked to the attack.

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