Acala Network

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Acala Network burns mis-minted USD coins & Crypto YouTubers take fight to court

16 Aug 2022 3 minute read 6 comments I-HODL

They did it, my friends. Our friends over on the Polkadot-based DeFi project, Acala Network, burned near $1.3billion aUSD, absorbing an estimated loss of US$1.6 million, following the recent breach in its liquidity pool. And so, now the Acala stablec...

Equilibrium Integrates With Acala to Bring the aUSD Stablecoin to its Ecosystem

15 Jun 2022 3 minute read 0 comments Equilibrium

Dear Equilibrians, we are excited to share another ecosystem update that will enhance your DeFi experience. Equilibrium will integrate with Acala and Karura on the Polkadot and Kusama networks to bring the aUSD stablecoin to our ecosystem! Acala’s a...

Sharded Parachain Ecosystems Close to Reality (POLKADOT/ACALA NETWORK)

31 Mar 2021 1 minute read 2 comments kev_nag

As announced on March 26, 2021, ACALA NETWORK secured the first parachain slot on POLKADOT'S Rococo testnet. Parachains such as this are acquired as a result of an auction process whereby different projects bid against each other for the parachain sl...