According to Mars Finance, Oobit, a Tether-backed mobile wallet, issued a clarification on its X platform. Following ZachXBT's disclosure that two smart contracts (EURR and USDR) of stablecoin issuer StablR suffered a vulnerability attack worth approximately $13.5 million, related funds attempted to be withdrawn through Oobit. However, Oobit's compliance team identified the abnormal activity and successfully froze six-figure amounts of EURR funds, while simultaneously closing the withdrawal channel. This incident did not affect any user funds, and Oobit's own system was not compromised. Oobit is cooperating with StablR and investigators to proceed with the follow-up investigation. Previous reports indicated that StablR suffered a hacker attack resulting in a loss of approximately $28 million, with both EURR and USDR becoming unpegged.
Oobit has frozen some EURR funds related to the StablR security incident.
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