a MiCA-licensed, fully authorized stablecoin issuer just got hacked through the exact thing licensing was supposed to pr

Proof that the regulated perimeter does not equal the secure perimeter. been seeing a lot of "just wait until everything's regulated, then it'll be safe" takes in defi/stablecoin threads lately, so this felt worth sharing. hacken released its q2 security and compliance report, and in this era of regulation boom, this case is worth sharing. so, stablr (usdr/eurr) is mica-authorized lost $2.8M this quarter because one of its three mint keys got compromised what makes this specific case

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