Resolv Labs Burns 57% of Unauthorized USR Following Hack

Resolv Labs announced that it has burned approximately 46 million USR, which accounts for about 57% of the 80 million USR that were minted without authorization during a hacking incident on March 22. According to NS3.AI, the company reported that 9 million USR were burned on the day of the incident. Additionally, another 36 million USR associated with hacker-related addresses were blacklisted following a contract upgrade and a 72-hour timelock procedure.