Tags : Acala


Cryptocurrency

Acala Stablecoin Edges Again to Greenback Peg After Burning 1.29B

Polkadot-based DeFi platform Acala’s native stablecoin aUSD is edging again to its greenback peg following the neighborhood’s vote to destroy 1.29 billion aUSD. These tokens had been minted following an exploit of a “misconfiguration” in considered one of Acala’s liquidity swimming pools. As soon as attackers exploited the flaw, the mass minting of the stablecoin […]Read More