Cryptolingo DAO founder: The 1.2 billion aUSD in attacker address hasn't left the Acala chain, Acala may reverse the operation through a referendum

08/14 07:48

Cryptolingo DAO founder @IamJulianaC tweeted that Acala uses Honzon Fungibility Pallet to make aUSD fungible between Acala & Karura, this protocol was created with the intention of allowing aUSD to serve as the native stablecoin and source of liquidity across the Polkadot and Kusama multichain ecosystem. The new protocol presented what Acala called a bug, and 2 hours ago this wallet (26JmEcghNmggvT46sojckg34Py9zFRKkCcFy3gr49hrFgT2k) was able to transfer 1,053,707,817 aUSD. So far speculations say they've prevented the wallet from moving out the assets. Also, the relation between the iBTC/aUSD pool and the Honzon protocol bug hasn't been confirmed by Acala team. It's important to point out that the 1.2b hasn't left the Acala chain, and that it is very much possible that Acala can reverse the operation through a referendum.
bullishbullishbullish2bearishbearishbearish1GostoPartilhar
Isenção de responsabilidadeO conteúdo acima não representa as posições da HTX.A HTX não faz quaisquer recomendações de negociação.

Artigos relacionados

  • Image

    Crypto market’s weekly winners and losers – TAO, CC, DOT, WLD

  • Image

    Polkadot – Is a breakout next for DOT’s price after test of $1.60 resistance zone?

  • Image

    DOT and ENA jumped 20% this week – But the similarity ends here

Todos os comentários0Mais recentePopular

avatar
Mais recentePopular

Artigos relacionados

  • Image

    Crypto market’s weekly winners and losers – TAO, CC, DOT, WLD

  • Image

    Polkadot – Is a breakout next for DOT’s price after test of $1.60 resistance zone?

  • Image

    DOT and ENA jumped 20% this week – But the similarity ends here