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HomeTagsAcala

Acala

Acala Network to resume operations after burning 2.7B in aUSD stablecoin

After the mining failure involving its stablecoin aUSD, the Acala Network announced on Monday that it had resumed its operations following a referendum...

Acala community votes to burn 2.97 billion of erroneously minted aUSD stablecoin

According to a new post by Acala Network co-founder Bette Chen, the community has voted to burn 2.97 billion worth of Acala USD...

Another depeg — Acala trace report reveals 3B aUSD erroneously minted

High-profile security incidents continue to be a theme in 2022 as the Acala Network joined a long list of stricken platforms to fall...

Network and token freeze after Acala exploit raises questions

The Acala Network’s aUSD stablecoin depegged by over 99% over the weekend and forced the Acala team to pause a hacker’s wallet, raising...

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