Euler Labs confirmed on the X platform that it is aware of a security incident involving unauthorized minting of USR, which is under investigation. It has disabled RLP as collateral and suspended USDC distribution to isolate the risk. Further updates will be provided.

Onchain Lens detected that the Resolv attacker spent 200,000 USDC to mint 80 million USR and has already used it to purchase 9,111 ETH. The attacker is still converting USR to other cryptocurrencies and may continue to accumulate ETH.

Gate News Report: On March 22, on-chain analyst Ai Auntie posted an analysis on X platform regarding the Resolve attacker's operations: 1. Minted 50 million USR tokens using 100,000 USDC; 2. Converted 35 million USR to wstUSR; 3. Continuously exchanged wstUSR for USDC and USDT; 4. Used USDT to purchase

Gate News reports that on March 22, according to on-chain analysts' monitoring, ResolvLabs stablecoin USR allegedly experienced a vulnerability. A certain address minted 50 million USR tokens using 100,000 USDC, causing USR to plummet to $0.257 in the short term, representing a decline of 74.2%. Subsequently, the price recovered somewhat and is currently trading at $0.7847. As of press time, the ResolvLabs team has not yet responded to this incident.

Gate News, March 22: According to data on Circle's official website, during the week ending March 12 local time, USDC issued approximately 5.2 billion, redeemed approximately 4.8 billion, with circulating supply increasing by approximately 400 million. As of March 19 local time, USDC total circulating supply was approximately 79.1 billion, with reserve asset value approximately $79.4 billion.

According to on-chain analysts' monitoring, a whale address has accumulated holdings of 120,000 ETH and 700 BTC, valued at $298 million. Currently, the ETH position shows an unrealized loss of $309,000, while the BTC position shows an unrealized gain of $403,000. The address just deposited 5 million USDC to Hyperliquid to avoid liquidation.

Gate News Report: On March 22, according to Onchain Lens monitoring, the World Coin team is suspected of conducting OTC transactions. The team received 35 million USDC from FalconX and a certain CEX, and subsequently transferred 117 million WLD tokens to OTC trading addresses. These tokens may also be provided for market maker usage.

Gate News reports that on March 21, Lookonchain monitoring showed that trader James Wynn has recently resumed activity in on-chain transactions. After claiming 1,654 USDC in referral rewards, he deposited 3,911 USDC into HyperLiquid, and subsequently opened a short position of 2.69 BTC (approximately $190,000) with 40x leverage, with a liquidation price of $71,112.48.

Gate News bot message, a whale deposited $3 million USDC into HyperLiquid and opened a HYPE short position with 10x leverage, shorting 226,310 HYPE valued at approximately $9 million. The whale previously closed a HYPE short position at a $197,000 loss after holding it for 48 days.

Gate News report: On March 21, OnchainLens monitoring showed that the World team allegedly conducted an over-the-counter transaction with a certain entity: The World team address received 35 million USDC from FalconX and a certain CEX, and subsequently sent 117 million WLD (approximately 3873