PANews March 23 news, Resolv Labs released an update regarding the security incident, stating that yesterday a malicious attacker illegally accessed Resolv's infrastructure through a stolen private key and minted approximately 80 million USD worth of uncollateralized USR. The related smart contracts have been quickly suspended, and approximately 9 million USR held by the attacker has been destroyed to mitigate potential impact. Currently, the protocol holds approximately 141 million USD in assets, with the confirmed actual impact being only about 500,000 USD in redemptions processed before the suspension. The current USR supply consists of 102 million tokens before the incident and approximately 71 million newly minted illegal tokens. As the first step towards recovery, Resolv plans to allow redemptions of pre-incident USR starting from March 23, 2026, for whitelisted users. Affected users should coordinate directly with RDAL through official channels.

The announcement states that this incident originated from unauthorized actions by a third party, including targeted infrastructure attacks. Resolv's underlying collateral was not directly harmed. The team is tracking and attempting to control the illegally minted USR and other affected assets, coordinating with partners and counterparties, and working with law enforcement and on-chain analysis companies to trace the responsible parties. Resolv strongly recommends not to trade USR or related Resolv tokens during the implementation of recovery measures, as user trading behavior after the incident may affect the recovery process.