Gate News message, March 31, Resolv co-founder Ivan released a video saying the investigation into the incident is still ongoing, and that there is currently no evidence implicating insiders. Ivan also noted that a complete recovery plan has not yet been determined.

Gauntlet said that after the vulnerability incident, Resolv Labs did not publish a remediation plan, and it plans to pursue funds and perform removal operations across multiple vault markets. The markets that have already been removed involve approximately $11.9 million in liquidity, and a claims contract will be set up for liquidity providers going forward.

Gauntlet has updated the progress on resolving the vulnerability on platform X. The USDC Frontier (v1) on the Base network has been reallocated, eliminating bad debt risk. Deposits for v1 and v2 vaults are now reopened, and Morpho will remove the warning tomorrow. The mainnet USDC Frontier (v2) vault is being restarted, and more information will be provided based on subsequent fixes.

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.

Arkham detected an address associated with Resolv Labs holding 33,120,000 RESOLV tokens, worth approximately $1.44 million. Previously, Resolv Labs was attacked, causing the token to drop and the stablecoin to depeg. Staking and unstaking functions have now been suspended.

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.

Gate News: On March 25, Resolv Labs announced that over $77 million has been used in the past 2 days to redeem whitelisted wallets that held USR before the attack, accounting for over 90% of that group, marking significant progress in the first phase of recovery efforts. The redemption process for this group is currently being actively completed, and subsequent phase work will also be carried out to cover the remaining user groups.