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Euler Labs: Learned of USR Attack Incident and Urgently Disabled RLP Collateral Feature
Mars Finance reports that Euler Labs posted on X platform stating that they have noticed the unauthorized issuance security incident reported by Resolv regarding USR. The team is actively investigating. As a precaution, they have disabled the RLP collateral function in the Euler Yield vault on Arbitrum, and Euler Earn USDC (Arbitrum) has also stopped allocating funds to Euler Yield. Euler Labs said that these measures aim to isolate potential risk exposure. They are still assessing the impact of the incident and will disclose more updates in a timely manner.