Acala Network aUSD Depegs by 99% as Hacker Issues Over 1 Billion Tokens

Acala Network became the latest Defi network to suffer an exploit after hackers breached the network and issued 1.2 billion aUSD tokens. The post Acala Network aUSD Depegs by 99% as Hacker Issues Over 1 Billion Tokens appeared first on BeInCrypto.

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Polkadot's Native Stablecoin aUSD Depegs Following Exploit - Zycrypto

Attackers have struck the markets again; this time, the Acala network is on the receiving end. A few hours ago, reports broke out that the Acala dollar aUSD is being messed with by hackers who Issued 1.2 billion aUSD to themselves through a bug in the Honzon protocol.

Polkadot-based stablecoin aUSD depegs after Acala Network breach - The Block

Acala Network, the decentralized finance hub of Polkadot, was breached and its stablecoin depegged from the dollar. The post Polkadot-based stablecoin aUSD depegs after Acala Network breach appeared first on The Block.

Polkadot price analysis: Bearish spree continues as DOT slips below $9.24 support - Cryptopolitan

Polkadot price analysis shows that the bearish spree continues as DOT slips below the $9.24 support. The DOT/USD pair is currently trading at the $9.32 level, down by more than 1.62 percent in the past 24 hours.


Polkadot $9.98 Resistance Retest Eminent – Can Bulls Regain Footing? - DCForecasts

Polkadot $9.98 resistance retest eminent according to market indicators and our analysis. Price analysis of Polkadot (DOT) shows that a strong bullish trend propelled the stock to a $9.54 high.

DOT Price Analysis: Post-retest Rally Aims For 25% Jump; Buy Now? - Coingape

The $8.85 breakout rally aligned with decreasing volume indicates a loss of bullish momentum. Thus, a retracement to this breach resistance is plausible, which may offer a suitable launchpad for buyers to resume the ongoing recovery.

Polkadot price analysis: DOT to retest $9.87 resistance as bulls strive for the lead - Cryptopolitan

The Polkadot price analysis indicates that the bullish momentum has brought the price to the $9.54 level and more improvement in the coin's value is to be expected in the coming hours.

Following Solana Wallet Hacks, Polkadot Ambassador And Hiro CTO Call For Action To Keep DeFi Safe - Benzinga

Last week, millions of dollars were hacked from Solana's (CRYPTO: SOL) ecosystem. While its blockchain wasn't hacked directly, hackers were able to drain funds from Solana wallets.

Parity Technologies Joins Pastel Network to Disrupt Polkadot's NFT Ecosystem - Crypto Reporter

Pastel Network, a leading purpose-built blockchain and protocol standard for non-fungible tokens (“NFTs”) and Web3 technology, is teaming up with Parity Technologies. The integration will enable both native parachains and decentralized applications across the Polkadot ecosystem to leverage Pastel's powerful technology, providing added security for projects and users.

Decoding why Polkadot [DOT] is struggling to regain support levels - AMBCrypto

After a “wow” performance last week, Polkadot [DOT] has reversed to digging for new red levels. Recall that DOT was the best performing cryptocurrency among the top coins on CoinMarketCap during the aforementioned period.

Biggest Movers: FLOW Moves to Highest Point Since May, DOT Fast Approaching $10 Level - Bitcoin

Flow was in the green to start the week, as the token climbed to its highest point since May. The surge has seen prices rise by as much as 15% on Monday, as recent gains were extended. Polkadot was also higher, as it too cemented multi-month highs.