Acala

DeFi Platform Acala’s Stablecoin Plunges After Hackers Exploit Bug
DeFi Platform Acala’s Stablecoin Plunges After Hackers Exploit Bug
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 liqu...
DeFi Platform Acala’s Stablecoin Plunges After Hackers Exploit Bug

Consensus 2022 Foundations: Polkadot
Consensus 2022 Foundations: Polkadot
Dan Reecer (Acala), Marvin Tong (Phala Network), 0xbrainjar (Composable Finance), Charu Sethi (Unique Network) and Rodrigo Gallegos Anda (Litentry) introduce the features of t...
Consensus 2022 Foundations: Polkadot

Polkadot Parachains Go Live, Capping Yearslong Tech Build for Ambitious Blockchain Project
Polkadot Parachains Go Live, Capping Yearslong Tech Build for Ambitious Blockchain Project
After several years in development, Polkadot, an underlying framework for connecting various blockchains, now has five live parachains, or “parallelized chains”: Acala, Moonbe...
Polkadot Parachains Go Live, Capping Yearslong Tech Build for Ambitious Blockchain Project

Banking App Current Picks Polkadot for its DeFi Debut
Banking App Current Picks Polkadot for its DeFi Debut
Fintech firm Current announced that it will become more active in the Polkadot space. Current will serve as a validator on the Polkadot network and plans to integrate Acala, a...
Banking App Current Picks Polkadot for its DeFi Debut

Flowing River
Banking App Current Picks Polkadot for Its DeFi Debut
The banking app with 3 million users will serve as a Polkadot validator as it plans deeper crypto moves.
Flowing River

Fresh pastures (Francesco Ungaro/Unsplash)
Polkadot-Based Acala Raises $7M as DeFi Grabs Land on Another Blockchain
Acala, a DeFi startup building on the Polkadot blockchain, has closed a $7 million simple agreement for future tokens (SAFT) led by Pantera Capital.
Fresh pastures (Francesco Ungaro/Unsplash)