Polkadot-based decentralized finance (DeFi) platform Acala’s native stablecoin, aUSD, depegged on Sunday, plummeting 99% after hackers exploited a bug in a newly deployed liquidity pool to mint 1.28 ...
Seychelles-based crypto exchange KuCoin has highlighted flaws in decentralized finance (DeFi) network Acala’s community proposal to recover billions of dollars worth of aUSD erroneously issued during ...
Acala Network releases a new technological roadmap displaying the necessary steps in offering multi-chain services to users. Acala, a foundational platform within the Polkadot ecosystem, unveils the ...
Polkadot-based stablecoin Acala USD (aUSD) has almost recovered its 1:1 peg with the U.S. dollar after plummeting almost 99% following a liquidity pool exploit. Acala USD (aUSD) stablecoin has nearly ...
Acala and Anchor together intend on amplifying Terra and Polkadot’s stablecoin space. The partnership will build deep liquidity pools for aUSD and UST on the Acala protocol. The announcement comes two ...