PANews reported on March 22 that Euler Labs stated on its X platform that it is aware of the security incident reported by Resolv regarding the unauthorized issuancePANews reported on March 22 that Euler Labs stated on its X platform that it is aware of the security incident reported by Resolv regarding the unauthorized issuance
Euler Labs: Received information about the USR attack and immediately disabled RLP collateral functionality.
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PANews reported on March 22 that Euler Labs stated on its X platform that it is aware of the security incident reported by Resolv regarding the unauthorized issuance of USR. The team is actively investigating, and as a precautionary measure, the RLP collateral function in the Euler Yield vault on Arbitrum has been disabled. Euler Earn USDC (Arbitrum) has also stopped allocating funds to Euler Yield. Euler Labs stated that these measures are intended to isolate potential risk exposure, and the impact of the incident is still being assessed. Further updates will be disclosed in due course.
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