
Yala’s Bitcoin-Backed Stablecoin YU Loses Dollar Peg After Exploit
After a precipitous “attempted attack” early Sunday caused Yala’s Bitcoin-backed stablecoin YU to crash below $0.2046, it has been unable to recover its dollar peg. In an X post, the Yala crew verified the occurrence and said it “briefly impacted YU’s peg.” Additionally, the team has said that they are
13 hours ago 2 mins read