The #Meme4Good Initiative upholds that the immense powers of Memecoins can (and should) be channelled to solve real-life humanity's problems. Building on TON.
At #Meme4Good, we propose that we can (and should) ride on crypto memewaves and memehypes to address humanity problems and solve real-life problems.
There is immense power in the hypes, influence, & reach of crypto memecoins & should not just be limited to mere fun only.
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@0xriptide@PatrickAlphaC Would you agree? Whitehat security researchers are NOT just after bug bounty payouts.
When we find IMPACTFUL BUGS, we AUTOMATICALLY have the FIDUCIARY RESPONSIBILITY to protect the interest of users (privacy, safety of funds, etc).
History has proven this with EXPLOITS.
This notice is issued on behalf of Resolv Digital Assets Ltd. in relation to the Resolv protocol.
Earlier today, a malicious actor gained unauthorized access to Resolv infrastructure through compromised private key, resulting in the minting of approximately $80M of uncollateralized USR. A full post-mortem is currently in progress and will be shared once completed.
The incident was identified quickly, and the relevant smart contracts were promptly paused. Approximately 9M USR held by the attacker has since been burned in order to reduce the potential impact.
The protocol currently holds approximately $141M in assets, with the only realized impact identified to date being approximately $0.5M in redemptions processed prior to the pause.
Current USR supply consists of 102M pre-incident USR and approximately 71M newly and illicitly minted tokens.
As an initial step in the recovery process, we are preparing to enable redemptions for all pre-incident USR, beginning with allowlisted users. The current target start date is 23 March 2026. Affected users should coordinate directly with RDAL through official channels.
This incident resulted from unauthorized third-party actions, including a targeted infrastructure compromise and cyberattack. Resolvโs underlying collateral was not directly compromised.
We are actively:
ย โข tracing and seeking to contain illicitly minted USR and other affected assets
ย โข coordinating with partners and counterparties
ย โข working with law enforcement and onchain analytics firms to identify those responsible
We will pursue all available avenues to recover assets and hold those responsible accountable.
We strongly advise against trading USR or related Resolv tokens at this time while recovery measures are being implemented. Actions of users during post-exploit period may affect the recovery.
Further updates regarding illicit USR, and RLP will be communicated in the near term.
@0xgilbert CF is too much centralization. There are even cheaper alternatives. @QUICcloud is there.
Meanwhile sir, please I sent important DM.
Thanks sir.
@Cobratate What if you're not rich, yet you're strong and not depressed, and you keep grinding? What would you say, @Cobratate . Would you help rather than talk?
What's a #Meme4Good ? And why did we choose @ton_blockchain ?
At #Meme4good, we believe memecoins have immense powers that can be harnessed to solve humans real life problems. TON Blockchain is a special Blockchain well suited
Stay tuned. We're revving up things.
@ManuelStotz