Resolv Labs destroyed 36.73 million USR tokens held by the hacker via a contract upgrade. Previously, the hacker had minted 80 million USR tokens through a vulnerability and sold them off. The project team has since burned about 46 million USR tokens, and the actual loss was $34 million.

In March 2026, cryptocurrency hacking incidents increased sharply, with losses exceeding $52 million, significantly higher than February’s $26.5 million. The attack on Resolv Labs was especially severe, leading to the unauthorized minting of 80 million USR tokens and causing their price to plunge. Various hacking methods and social engineering attacks occurred frequently, increasing the security risks for holders of crypto assets. Experts are calling on investors to strengthen their security awareness and take stricter protective measures.

PeckShield’s report shows that in March 2026, the crypto industry experienced 20 major security incidents, with losses totaling $52 million, up 96% from the previous month. Among them, USR stablecoin depegging and complex attacks resulted in a large amount of bad debt, and security threats are expanding into real-world and social-engineering levels.

The List DAO has released an update on platform X, stating that the $8.6 million loan has been repaid $8.4 million, and all positions have been redeemed at a 1:1 ratio, with no losses to users. Only $26,000 remains unpaid, and relevant users are urged to contact us as soon as possible to complete repayment.

DAO Lista publishes the latest progress: it has fully repaid the $8.4 million USR loan. All positions are redeemed in dollars at a 1:1 ratio, with no losses to users. There is still approximately $26,000 in outstanding debt, and it urges position holders to contact the official channels for handling. In the past two days, it has completed more than $77 million in redemptions for whitelisted wallets.

Resolv Labs strongly advises against trading or acquiring USR, as illegally minted USR has been mixed with legitimate USR, posing trading risks. An recovery plan for affected holders is currently under evaluation, but the effectiveness of any remedial measures cannot be guaranteed. Continuing to trade may complicate the asset recovery process.

Resolv Labs has updated the situation regarding illegal minting and the reduction of USR supply, with approximately 46 million USR tokens destroyed or blacklisted. The attacker’s associated wallet no longer holds transferable assets, and multiple measures have been taken to prevent further circulation.

Resolv Labs announced on March 26 that approximately 46 million out of the 80 million illegally minted USR tokens have been destroyed or blacklisted. The attackers' assets can no longer be transferred. Measures taken include token destruction and contract upgrades to reduce the illegal supply of USR.

Gate News: On March 25, Resolv Foundation announced that due to recent security incidents involving Resolv Labs' stablecoin USR, both the protocol and applications have been suspended. Season 4 airdrop claiming functionality is temporarily unavailable, and staking and unstaking functions for RESOLV tokens are also temporarily unavailable. Once the protocol recovery plan is finalized and the application can be safely used again, the relevant functions will be restored.

BlockBeats news, March 25: Resolv released the latest update on the hacking incident. Over the past two days, pre-liquidation USR wallets have redeemed over $77 million in funds, accounting for over 90% of that group's total, with the first phase of recovery work achieving significant progress. Next steps: • The redemption process for this group is actively being completed; • Work on subsequent phases has been initiated, which will cover the remaining other user groups.