Crypto exchange Kucoin delisted the dormant stablecoin of Acala Network — aUSD — and has initiated the launch of an “acquirement plan” to compensate token holders’ loss. Previously, in August 2022, the Acala incident — an erroneous minting of 3 billion aUSD tokens in its liquidity pool — occurred. Following
A vote permitted LPs to withdraw liquidity from pools or unstake LP tokens. There was a reported minting mistake of 3.022 billion aUSD. The Acala Network said on Monday that it has resumed operations after the mining failure involving its stablecoin aUSD. Thanks to a vote permitting LPs to withdraw
XCM integration between Calamari and Karura will initiate parachain bridging across Kusama. DApps on Polkadot and Kusama will expand concrete use-cases for stablecoins. The successful cross-chain transfer of parachain assets has been announced by Manta Network and Acala to establish a new HRMP channel, as well as the effective implementation
A SubQuery is excited to announce its launch on the Acala parachain. A major factor for SubQuery’s decision was Acala’s upcoming EVM+ launch. Both have a common vision to grow the Polkadot ecosystem. A leading data indexing solution in Polkadot, SubQuery is excited to announce the launch of SubQuery Network
Acala currently offers a daily crowd loan displayed on the website. Moonriver is a smart-contract parachain for Ethereum on Kusama. Polkadot recently began auctioning off its “parachains.” These auctions allow users to acquire new cryptocurrencies before they are publicly available. Users may lend DOT crypto tokens to new Polkadot crypto
Acala, a DeFi platform that is built on the Polkadot ecosystem, announced its partnership with Blockdaemon. This partnership with a leading blockchain infrastructure platform is to support its first liquid staking derivatives for DOT and KSM. Significantly, Acala’s DOT and KSM Liquid Staking, the first staking derivatives in Polkadot and
