After a setup issue in a recently created liquidity pool, Acala still tracks incorrectly generated coins as the dust settles from another decentralized financial hack.
The 16 wallet addresses linked to the exploit were the subject of continuing trace reports, according to the developers.
The network’s native stablecoin, Acala Dollar ($aUSD), lost its peg to the dollar on Saturday when a fault prompted the network to unintentionally gene…
Supporters of Ethereum had a momentous occasion late last night. The most recent test of the long-awaited upgrade to The Merge was successfully carried out at around 9:45 pm New York time on Wednesday.
The latest upgrade for The Merge entails moving to a new security architecture for the network that is known as Proof of Stake (POS). Users are required to make use of the ether cache they already possess in order to validate transactions an…
The news that the US CPI, a commonly recognized inflation indicator, has been declining caused the cryptocurrency market to respond favorably.
Inflation in the U.S. economy slowed somewhat in July, reaching a level below analysts’ predictions as the thesis that inflation has reached its greatest point is solidified.
Inflation in the US hit a four-decade high in June before cooling down and increasing by 1.3 percent in July. The index fo…
The latest indication of strain in the cryptocurrency market is the suspension of withdrawals, swaps, and deposits by Hodlnaut, a Singapore-based bitcoin lender and borrower.
Hodlnaut also withdrew its request for a license from the Monetary Authority of Singapore, despite the fact that the central bank had given it in-principle permission in March.
The organization is the most recent in a long line of cryptocurrency lenders to falter t…
