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HomeTagsAUSD

AUSD

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...

Another Stablecoin Depegs From USD Parity, Polkadot-Based AUSD Loses 98% in Value – Bitcoin News

2022 has been the year of broken stablecoins as a myriad of dollar-pegged crypto assets depegged from their dollar value this year. On...

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