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 ...
Read moreAfter the mining failure involving its stablecoin, aUSD, the Acala Network announced on Monday that it had resumed its operations ...
Read moreAccording to a new post by Acala Network co-founder Bette Chen, the community has voted to burn 2.97 billion worth ...
Read moreKey Takeaways Acala has recovered 1.68 billion aUSD in its second trace following an attack that minted billions of tokens. ...
Read moreAcala’s native stablecoin, aUSD, came close to regaining its peg to the U.S. dollar after the Polkadot-based decentralized finance (DeFi) ...
Read more2022 has been the year of broken stablecoins as a myriad of dollar-pegged crypto assets depegged from their dollar value ...
Read moreBenzinga traveled to Permissionless, a cryptocurrency, DeFi and NFT conference hosted in West Palm Beach. Industry leaders among the likes ...
Read moreCrypto prices have been exploring new lows for weeks and currently it's unclear what it will take to reverse the ...
Read moreRand has chosen Acala and its native stablecoin (aUSD) as the next chain to expand the yield aggregator strategies. The ...
Read morePolkadot gets its first multi-collateral stablecoin The Acala Dollar, a decentralized, multi-collateral stablecoin, has been released by Acala. Acala’s Decentralized ...
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