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

A total of 3.022 billion aUSD were previously minted via a liquidity bridge glitch.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

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

A total of 3.022 billion aUSD were previously minted via a liquidity bridge glitch.

Why this matters

This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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