Futures
Access hundreds of perpetual contracts
CFD
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Promotions
AI
Gate AI
Your all-in-one conversational AI partner
Gate AI Bot
Use Gate AI directly in your social App
GateClaw
Gate Blue Lobster, ready to go
Gate for AI Agent
AI infrastructure, Gate MCP, Skills, and CLI
Gate Skills Hub
10K+ Skills
From office tasks to trading, the all-in-one skill hub makes AI even more useful.
GateRouter
Smartly choose from 40+ AI models, with 0% extra fees
StablR suffers a hacker attack with losses of approximately $2.8 million, EURR and USDR both lose their peg
Deep Tide TechFlow News, May 24 — According to Cointelegraph, blockchain security firm Blockaid disclosed on Sunday that the stablecoin issuer StablR is under ongoing attack, with losses totaling approximately $2.8 million.
The attacker gained access by infiltrating the private key of one owner in the minting multi-signature account, exploiting the low security threshold that requires only 1/3 signatures to operate, adding themselves as an owner and replacing other signers, then minting 8.35 million USDR and 4.5 million EURR.
Due to insufficient on-chain liquidity, the attacker swapped tokens worth about $10.4 million in market cap on a decentralized exchange for approximately 1115 ETH, effectively cashing out about $2.8 million.
As a result, EURR's price dropped 23%, from a peg of $1.15 to $0.88; USDR fell 30% to $0.70.
Blockaid stated, "This is not a smart contract vulnerability but a failure in private key management and governance mechanisms."
Since May, more than a dozen major security incidents have occurred in the crypto market, with protocols such as THORChain, Verus Bridge, Echo Protocol, and Polymarket suffering attacks of varying degrees.