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ReUSD Strikes Back: 6M Token Burn to Bounce Back From $10M Hack

ReUSD Strikes Back: 6M Token Burn to Bounce Back From $10M Hack

Published:
2025-06-30 08:19:36
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Defi's latest Lazarus act? ReUSD just pulled a phoenix move—torching 6 million tokens to rise from its $10M hack ashes.

Burn notice: Team executes crypto napalm strategy

The protocol went full scorched-earth after attackers drained eight figures—because nothing says 'trust us' like deliberately destroying $6M worth of your own currency. Classic crypto crisis management: when in doubt, burn it out.

Roadmap or roadkill? Rebuilding trust post-heist

While the token burn temporarily juiced prices (as these gimmicks always do), the real test comes when the smoke clears. Will investors buy the comeback story—or was this just another 'look over here!' distraction from the gaping security holes? After all, in defi-land, 'resilience' often just means finding new bagholders faster than the hackers can empty them.

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