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’s native stablecoin, aUSD, came close to regaining its peg to the U.S. dollar after the Polkadot-based decentralized finance (DeFi) platform burned over 1.2 billion aUSD tokens that were minted ...
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 ...
Acala, a DeFi startup building on the Polkadot blockchain, has closed a $7 million simple agreement for future tokens (SAFT) led by Pantera Capital. Other investors in the funding round include ...
NEW YORK, May 18, 2021 /PRNewswire/ — Current, a leading U.S. financial technology company serving Americans who are working to create a better future for themselves, today announced its partnership ...
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 ...