Breaking News: New Hack in the Crypto Market
Stablecoins EURR and USDR from StablR have been exploited for around $10 million, according to well-known blockchain investigator ZachXBT.
What's happening, simply put? ๐ค
Stablecoins are supposed to maintain a stable price:
๐ต = USDR Dollar
๐ถ = EURR Euro
But after the hack, both lost their peg (Depeg) and dropped over 20% ๐
So if you were holding $1000 worth of the coin, you might find its value around $800 or less ๐ฌ
Note: Keep your funds safe; the dip is temporary due to the hack, and things should return to normal soon.
Don't forget to like and follow the page and take a calculated step up.
#ูุฑูุจุชู $USDC
Stablecoins EURR and USDR from StablR have been exploited for around $10 million, according to well-known blockchain investigator ZachXBT.
What's happening, simply put? ๐ค
Stablecoins are supposed to maintain a stable price:
๐ต = USDR Dollar
๐ถ = EURR Euro
But after the hack, both lost their peg (Depeg) and dropped over 20% ๐
So if you were holding $1000 worth of the coin, you might find its value around $800 or less ๐ฌ
Note: Keep your funds safe; the dip is temporary due to the hack, and things should return to normal soon.
Don't forget to like and follow the page and take a calculated step up.
#ูุฑูุจุชู $USDC