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Acala community votes to burn 2.97 billion of erroneously minted aUSD stablecoin

bossAugust 22, 2022 Exchanges, News

According to a new post by Acala Network co-founder Bette Chen, the community has voted to burn 2.97 billion worth of Acala USD (aUSD) stablecoin.Acala is a decentralized finance platform built on the Polkadot (DOT) ecosystem. The week prior, the price of aUSD fell to less than $0.01 from its

An Update on the ‘Erroneously High’ Gas Fee That Temporarily Cost DeversiFi $23.7M — CoinDesk

bossSeptember 28, 2021 ICO

In a surprise twist, however, on Monday night DeversiFi said in a tweet that the miner who received the unusual transaction fee had returned the majority of the funds – an unusually altruistic move, given that due to the nature of the blockchain the miner could have kept the funds,

Coindesk Cost DeversiFi Erroneously fee Gas High Temporarily Update Read More

CryptoX News

Crypto Market Sell-Off Was Driven by Retail Investors, JPMorgan (JPM) Says

bossMay 2, 2024

Cryptocurrency markets have seen significant profit taking in recent weeks, with retail investors playing a bigger part in the sell-off than institutional investors, the report said. Bitcoin

Fear and Greed Index falls back to fear for 1st time since October

bossMay 2, 2024

The sharp drop in the price of Bitcoin has led to a significant deterioration in sentiment among cryptocurrency traders. The Crypto Fear and Greed Index, which reflects the overall emotion...

Erroneously

Acala community votes to burn 2.97 billion of erroneously minted aUSD stablecoin

An Update on the ‘Erroneously High’ Gas Fee That Temporarily Cost DeversiFi $23.7M — CoinDesk

Cryptox News

Crypto Market Sell-Off Was Driven by Retail Investors, JPMorgan (JPM) Says

Fear and Greed Index falls back to fear for 1st time since October

Fidelity Digital Assets Study: Bitcoin’s Volatility Declines as It Grows, Echoing Historical Asset Trends

Spot Bitcoin ETFs reach record $563m outflows