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Resolv Labs upgrades the contract to destroy the 36.73 million USR held by hackers.
ME News Report, April 6 (UTC+8), according to on-chain analyst Yu Yan monitoring, about an hour ago, Resolv Labs destroyed 36.73 million USR tokens by upgrading the contract. The hacker exploited a minting vulnerability to mint 80 million USR without collateral. Approximately 34 million USR were sold off by the hacker in exchange for 11,409 ETH (worth $24.48 million), stored at address 0x8ED…81C. Additionally, about 46 million USR were burned by the Resolv project team through a contract upgrade from the hacker’s address. The actual loss from this vulnerability exploitation event is estimated at $34 million. (Source: ChainCatcher)