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Nalezeno "Acala": 15

Acala community votes to burn 2.97 billion of erroneously minted aUSD stablecoin

22.8.2022
3.022 billion aUSD were previously minted via a liquidity bridge glitch

Another Stablecoin Fluctuates Wildly as HUSD Slips Below USD Peg to $0.82 per Token

18.8.2022
The stablecoin HUSD, originally associated with the crypto exchange Huobi Global, lost its peg with the U.S. dollar on Wednesday, August 17, and it dropped even lower in value the following day on Thursday, August 18. On Thursday, Huobi addressed the public on Twitter and the exchange said...

Another depeg — Acala trace report reveals 3B aUSD erroneously minted

17.8.2022
As the dust settles on another decentralized finance exploit, Acala continues to trace tokens that were erroneously minted after a misconfiguration in a newly launched liquidity pool

Network and token freeze after Acala exploit raises questions

15.8.2022
The Acala hack saw over a billion aUSD stablecoins minted from thin air, but now community members are scratching their heads wondering how a decentralized protocol would handle the clean up

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

14.8.2022
2022 has been the year of broken stablecoins as a myriad of dollar-pegged crypto assets depegged from their dollar value this year. On August 14, the Polkadot-based stablecoin alpaca usd (AUSD) dropped below a U.S. penny in value, only to bounce back to the $0.95 region hours later. Reports...

Kraken Ventures Raises $65 Million to Invest in Web3, Defi, Blockchain Startups and Protocols

18.12.2021
The independent investment fund led by Kraken alumni that’s focused on early-stage companies and protocols, Kraken Ventures, announced the successful closing of its first fund at $65 million. Presently, the fund holds positions in platforms like Hashflow, Pstake, Acala, Blockdaemon...

Finance Redefined: Acala wins Polkadot parachain, and Iota set to launch Shimmer, Nov. 12–19

19.11.2021
Acala was victorious in Polkadot’s first parachain auction, Iota announced its staking network, and Uniswap liquidity providers lose money — all coming to you in this week’s Finance Redefined

Acala wins first Polkadot parachain auction with over 32M DOT staked

18.11.2021
The upcoming Polkadot DeFi hub raised nearly $1.3 billion in its token ICO from approximately 25,000 contributors

DeFi protocol Acala raises $400M in crowdloans during first Polkadot parachain auction

8.11.2021
Both parachains on Polkadot and DeFi functions on Acala are still undergoing heavy development

Polkadot unveils $770M development fund ahead of parachain auctions

19.10.2021
Polkadot’s Gavin Wood has announced a more than $770 million development fund just weeks before the network’s parachain auctions are set to go live

DeFi hub Karura emerges as first Kusama parachain slot auction winner

22.6.2021
Polkadot’s canary network, Kusama, is set to see decentralized finance hub Karura become the first parachain

Promising Integrations Join the Polkadot Ecosystem

21.5.2021
As Polkadot’s vision of a decentralized web advances, the integrations of KILT Protocol and the fintech platform Current are adding new utility layers across the blockchain’s ecosystem, helping tear down the existing barriers between Web 2.0 and 3.0. Value-Driven Integrations...