Aug 15, 2022
Polkadot-based decentralized finance (DeFi) platform Acala’s native stablecoin, aUSD, depegged on Sunday, plummeting 99% after hackers exploited a bug in a newly deployed liquidity pool to mint 1.28 billion tokens.
:format(webp)/assets-jpcust.jwpsrv.com/thumbnails/ob6ouiJm-1920.jpg)
:format(webp)/assets-jpcust.jwpsrv.com/thumbnails/XZIlKEPe-1920.jpg)
:format(webp)/assets-jpcust.jwpsrv.com/thumbnails/AMpyoP91-1920.jpg)
:format(webp)/assets-jpcust.jwpsrv.com/thumbnails/qk63TCe1-1920.jpg)
:format(webp)/assets-jpcust.jwpsrv.com/thumbnails/jnvsIRcL-1920.jpg)
Learn more about Consensus 2024, CoinDesk’s longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to coindesk.consensus.com to register and buy your pass now.