Acala Network – Miami Crypto Coin

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

Post author:MiamiCrypto
Post published:August 18, 2022
Post category:Acala Network AUSD depeg depegging Dollar Peg Eide Bailly LLP ERC20 Ethereum Network Honzon protocol Huobi Huobi Global Huobi Stablecoin HUSD lose peg losing parity News Stable Universal Stable Universal Limited Stablecoin Stablecoins USD parity

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…

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

Post author:MiamiCrypto
Post published:August 17, 2022
Post category:Acala Network AUSD Stablecoin

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.

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

Post author:MiamiCrypto
Post published:August 14, 2022
Post category:$0.01165 1.2 billion AUSD Acala Network ACALA protocol AUSD DAI depeg depegging Honzon protocol iBTC/AUSD pool losing parity MIM Misconfiguration News Polkadot Polkadot-based stablecoin Stablecoin Stablecoins USD parity USDC USDN USDT UST USTC

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…

Acala Is Now Live on Polkadot

Post author:MiamiCrypto
Post published:January 25, 2022
Post category:Acala Network DeFi Polkadot Technology