🚨 StabilR exploited — $2.8M stolen

A private key compromise (weak 1-of-3 multisig) allowed an attacker to mint 12.85M EURR/USDR, then swap them for just 1,115 ETH due to thin liquidity.

📉 EURR depegs 23% → $0.88

📉 USDR depegs 30% → $0.70

“Not a smart contract bug — key management failure.” – Blockaid

Another bad month for DeFi security. 🔐💥