ZEN INVESTING
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Acala Network's aUSD Depegged from Dollar Mark after Breach
Acala Network's stablecoin was depegged from the dollar mark on Sunday following a breach. A vote was proposed to pause operations on Acala after it noticed configuration issues regarding the Horizon protocol, which affects its stablecoin aUSD.
zen investing
Parachain Auction Winner Acala Commits $250M to Fuel aUSD stablecoin Adoption on Polkadot
Parachain auction winner the Acala Network has launched a $250 million fund to fuel the adoption of Acala USD (aUSD) as the dominant stablecoin for the Polkadot and Kusama ecosystem respectively.
zen investing
Polkadot's Parachain Auctions Filling up With Astar Network Winning Third Slot
Astar Network has won the third parachain auction slot on the Polkadot Network.
zen investing
Acala Wins First Parachain Auction Slot on Polkadot
Acala Network, an Ethereum-compatible smart contract platform optimized for Decentralized Finance (DeFi) has won the first parachain auction on the Polkadot network.