2022-8-15 16:00 |
Polkadot ecosystem’s stablecoin Acala ($aUSD) suffered an exploit over the weekend that led to a malicious actor minting $1. 2 billion out of thin air. The post Acala governance proposal submitted to burn $1. origin »
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The exploit of one of Acala's liquidity pools demonstrates how easily billions of dollars can be siphoned from DeFi platforms, potentially wreaking havoc on an entire industry in a matter of minutes.
2022-8-23 00:25 | |
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Acala Network became the latest Defi network to suffer an exploit after hackers breached the network and issued 1.2 billion aUSD tokens. The post Acala Network aUSD Depegs by 99% as Hacker Issues Over 1 Billion Tokens appeared first on BeInCrypto.
2022-8-14 18:30 | |
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USDC’s growing dominance signals a shift in stablecoin preferences within crypto markets Bitcoin's stagnant performance raises concerns despite increasing stablecoin inflows and markeThe post Rising USDC deposits signal market shift: Can Bitcoin catch up? appeared first on AMBCrypto.
Stablecoins can reinforce the U. S dollar’s dominance in global markets and trade USD-backed stablecoins could reshape global finance and accelerate dollarization in The post Here's how stablecoins can harness the U.
Taiwan’s Financial Supervisory Commission (FSC) has unveiled plans to allow banks to issue stablecoins as part of a comprehensive regulatory framework for virtual asset service providers (VASPs).
ECB board member Piero Cipollone said the European Central Bank (ECB) must accelerate efforts to launch a digital euro in response to President Donald Trump’s push to promote dollar-backed stablecoins globally, Reuters reported on Jan.
Australia’s NAB Bank rolled out a stablecoin, but it was shut down a little over a year later. Genesis announced its bankruptcy filing, marking its end. It is important to reflect on the jThe post 3 major crypto events from 2023: Lessons for today appeared first on AMBCrypto.
Circle launched a new on-chain utility that allows users to pay for gas fees with USDC on Arbitrum and Base. Developers can use Paymaster to streamline gas payments within their applications. Paymaster charges 10% of the gas fee but is free until June 30 2025.
USDC supply has surged to a two-year high, signaling investor caution. Many are wondering: Is this the calm before the storm? Are investors pulling back in the New Year? USD Coin [USDC] suThe post USDC supply hits $2B - Are investors being cautious around Bitcoin? appeared first on AMBCrypto.
