Monday August 15, 2022 2:37 PM
2 years 3 months ago
The Polkadot-based decentralized finance (DeFi) network Acala saw its aUSD stablecoin collapse by 99% after cybercriminals leveraged a weakness in its liquidity pool, adding another stablecoin to a list of not-so-stable ones. According to CoinGecko data, the stablecoin broke its USD anchor and fell as low as $0.009 in the wee hours of Monday morning. ...Read full post Hack Causes Stablecoin aUSD to Plunge 95% on Chaintimes.com.
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