Gauntlet: Most Treasuries Unaffected by USR Attack, Limited Risk for Select High-Yield Treasuries

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Mars Finance reports that on March 22, DeFi research and risk management firm Gauntlet announced: “At 10:21 AM Beijing time today, Resolv’s USR contract was attacked. The attacker minted approximately 50 million Resolv USD (USR) using about 100,000 USDC. The team is actively responding to the incident and managing liquidity. We will continue to provide updates. Most of Gauntlet’s treasury funds are unaffected, while a few high-yield treasuries face limited risk. We are monitoring liquidity and will keep updating on the progress.”

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