Oobit has frozen part of the EURR funds related to the StablR security incident
Tether-supported mobile wallet Oobit clarified in a post on platform X that previously, after "on-chain detective" ZachXBT disclosed that the stablecoin issuer StablR's two smart contracts (EURR and USDR) suffered a vulnerability attack of approximately $13.5 million, related funds attempted to exit through Oobit. However, its compliance team identified the abnormal behavior and successfully froze EURR funds worth six figures, while also closing the exit channel. This incident did not affect any user funds, and Oobit's own system was not breached. They are currently cooperating with StablR and investigators to advance subsequent handling.
Earlier reports indicated that StablR suffered a loss of approximately $28 million due to a hacker attack, with both EURR and USDR losing their peg.
-- Price
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like

Painted Cryptocurrency May Emerge in Russia Due to Sanctions

Ukraine's Grain Exports Decreased by 67% in August

ETH Exchange Balances Decrease by 1.4 Million, BTC Balances Increase

U.S. July Goods Imports Rise 3.7%, Trade Deficit Hits New High for 2025

Mr&强|买美股上 WEEX Announces Special Action at TOKEN2049

McDonald's to Open One Sustainable Design Restaurant Annually in Ukraine

Ripple Launches Delta One Business to Enter Stock Trading Market

Russia Strikes 'Zaporizhstal' Again with Five Missiles

Google Adds 'goto' Redirect Parameter to Search Result Links

Wheat Prices in Chicago Reach Three-Year High

Ukrposhta Creates Aviation Security Service to Monitor International Shipments

EU Resumes Plan to Transfer €200 Billion of Russian Assets to Ukraine

DAXA Holds Briefing on Foreign Exchange Network for Virtual Asset Service Providers

NBU Proposes Changes to Cash Operations Rules for Banks Due to Introduction of 2000 UAH Banknote

Google Moves 90-Person AI Ethics Team Out of DeepMind

UK Government Asks Central Bank to Promote Digital Currency and Payment Innovation

U.S. Department of Justice Uncovers Bank Loan Fraud Case, Suspect Sentenced to 58 Months and Ordered to Pay $8.34 Million

SEC Submits New Crypto Custody Rule Proposal to the White House

Wintermute Launches Customized Token Swap Product

Runable Completes $21 Million Series A Funding Led by Nexus Venture Partners

Changxin Technology Fully Exercises Over-allotment Option in IPO

Changxin Technology Fully Exercises Over-allotment Option in IPO

Kyiv: Generator Capacity in Educational Institutions Increased Threefold

Bitcoin vulnerable in low-$70,000 range as options market shifts

WinX and Reku Explore AI Robo Advisor for Digital Asset Trading

Manus Data Recovery Feature Reopened, Compensation Issued to Affected Accounts

HashKey On-Chain and Conflux Network Reach Strategic Cooperation

ChatGPT Work Introduces Website Login Feature

Emerald AI Raises $150 Million in Series A Funding, Valuation Reaches $1.05 Billion













