Resolv offers hacker 10% bounty for return of funds from $80M exploit

Resolv Labs has offered a 10% bug bounty to the hacker responsible for the unauthorized minting of $80 million worth of its stablecoin, USR, the project announced on its official X account. The proposal states that if the hacker returns 90% of the stolen funds, approximately $25 million in ETH, they will be allowed to keep the remaining 10% as an incentive and must cease using the illicitly obtained assets. The offer is valid for 72 hours. Following the incident, Resolv has temporarily suspended several protocol functions, including its Season 4 airdrop and RESOLV staking.