FDUSD, a US dollar-pegged stablecoin, is now live on the Sui blockchain, joining USDC and AUSD. Backed by $2.81B reserves, it strengthens Sui’s DeFi growth.
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The aUSD stablecoin has become the latest stablecoin to take a hit after a hack into the Acala Network resulted in a 99% drop in its value.
Acala Network Hacked
On Sunday, the Polkadot-based DeFi network Acala was exploited by hackers, who...
After months of anticipation, Polkadot Parachains launched just a couple of days ago. The feature will allow for multiple blockchain applications on the ecosystem. The evolution of other blockchain networks could threaten Ethereum’s spot as the...
After months of anticipation, Polkadot Parachains launched just a couple of days ago. The feature will allow for multiple blockchain applications on the ecosystem. The evolution of other blockchain networks could threaten Ethereum’s spot as the...
Polkadot’s ecosystem hit another milestone on its journey towards full interoperability recently after the first set of parachains were launched on the blockchain platform. As per an official announcement, the five projects that have been leased a...
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