Browsing Tag
aUSD
4 posts
‘Yield-bearing stables’ are not money or stablecoins: Agora’s van Eck
Yield-bearing stablecoins are far more likely to be classed as security products in many countries and would restrict…
Acala community votes to burn 2.97 billion of erroneously minted aUSD stablecoin
A total of 3.022 billion aUSD were previously minted via a liquidity bridge glitch.
Another depeg: Acala trace report reveals 3B aUSD erroneously minted
As the dust settles on another decentralized finance exploit, Acala continues to trace erroneously minted after a misconfiguration…
Network and token freeze after Acala exploit raises questions
The Acala hack saw over one billion aUSD stablecoins minted from thin air, but now community members are…
