Acala

Acala Makes Proposal To Burn 1.28 Billion aUSD After Hacking InvestigationAcala Makes Proposal To Burn 1.28 Billion aUSD After Hacking Investigation

Acala Makes Proposal To Burn 1.28 Billion aUSD After Hacking Investigation

The stablecoin Acala (aUSD) of the Polkadot ecosystem was hacked over the weekend, and the damage amounted to $1.2 billion.…

2 years ago
DeFi Hub Of Polkadot Experiences Serious HackDeFi Hub Of Polkadot Experiences Serious Hack

DeFi Hub Of Polkadot Experiences Serious Hack

Following a significant security compromise, Acala, the decentralized hub of the Polkadot network, passed an urgent resolution to halt operations.…

2 years ago
KuCoin Has Suspended Deposit And Withdrawal Services For ACA TokensKuCoin Has Suspended Deposit And Withdrawal Services For ACA Tokens

KuCoin Has Suspended Deposit And Withdrawal Services For ACA Tokens

The series of stories on the topic of stablecoins losing their peg continues with Acala Network's aUSD slipping away from…

2 years ago
Acala USD (AUSD) Stablecoin On Polkadot Lost PegAcala USD (AUSD) Stablecoin On Polkadot Lost Peg

Acala USD (AUSD) Stablecoin On Polkadot Lost Peg

Acala has been attacked by hackers. The hackers issued more than 1.2 billion AUSD. This is also the reason why…

2 years ago
Polkadot Parachains Increased After The Introduction Of A $250 Million USD Stablecoin FundPolkadot Parachains Increased After The Introduction Of A $250 Million USD Stablecoin Fund

Polkadot Parachains Increased After The Introduction Of A $250 Million USD Stablecoin Fund

Polkadot (DOT) ecosystem began to rise on May 24 and have managed to maintain gains ranging from 10% to 25%,…

3 years ago
Acala Launches Polkadot’s Native Stablecoin — aUSD — a Decentralized, Multi-Collateral Stable CurrencyAcala Launches Polkadot’s Native Stablecoin — aUSD — a Decentralized, Multi-Collateral Stable Currency

Acala Launches Polkadot’s Native Stablecoin — aUSD — a Decentralized, Multi-Collateral Stable Currency

After the four Acala co-founders evaluated Ethereum, ETH2, Cosmos, and Polkadot, and eventually chose to build on Polkadot, next came…

3 years ago
Binance Will Support the Acala (ACA) and Ethereum Classic (ETC) Network Upgrades & Hard ForksBinance Will Support the Acala (ACA) and Ethereum Classic (ETC) Network Upgrades & Hard Forks

Binance Will Support the Acala (ACA) and Ethereum Classic (ETC) Network Upgrades & Hard Forks

Binance will support the Acala (ACA) and Ethereum Classic (ETC) network upgrades and hard fork. The Acala (ACA) network upgrade…

3 years ago
Earn Bounties & BUIDL With Acala at ETHDenver 2022!Earn Bounties & BUIDL With Acala at ETHDenver 2022!

Earn Bounties & BUIDL With Acala at ETHDenver 2022!

Acala is thrilled to return to ETHDenver for an EVM+ workshop during the conference’s much-anticipated #BUIDLWeek. Meet Acala, Your Gateway…

3 years ago
Acala Revealed Some Core Products Which Will Release Following Its Official Launch On Polkadot In 2022Acala Revealed Some Core Products Which Will Release Following Its Official Launch On Polkadot In 2022

Acala Revealed Some Core Products Which Will Release Following Its Official Launch On Polkadot In 2022

The first parachain to win an auction slot on Polkadot, Acala, brings Hybrid Finance (HyFi) and Layer-1 chain customization to…

3 years ago