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Acala – DIGIT INFO https://www.digit.info Bookmarking Crypto Insights Wed, 17 Jul 2024 20:35:00 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.png Acala – DIGIT INFO https://www.digit.info 32 32 Blockchain identity platform Fractal ID suffers data breach https://www.digit.info/blockchain-identity-platform-fractal-id-suffers-data-breach/ Wed, 17 Jul 2024 20:35:00 +0000 https://www.digit.info/blockchain-identity-platform-fractal-id-suffers-data-breach/

Fractal ID gave notice that an attacker had gained access to an operator’s account, leading to the leak of a small percentage of users’ personal data.

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Acala community votes to burn 2.97 billion of erroneously minted aUSD stablecoin https://www.digit.info/acala-community-votes-to-burn-2-97-billion-of-erroneously-minted-ausd-stablecoin/ Mon, 22 Aug 2022 16:30:00 +0000 https://www.digit.info/2022/08/22/acala-community-votes-to-burn-2-97-billion-of-erroneously-minted-ausd-stablecoin/

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

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Network and token freeze after Acala exploit raises questions https://www.digit.info/network-and-token-freeze-after-acala-exploit-raises-questions/ Mon, 15 Aug 2022 02:36:40 +0000 https://www.digit.info/2022/08/15/network-and-token-freeze-after-acala-exploit-raises-questions/

The Acala hack saw over a billion aUSD stablecoins minted from thin air, but now community members are scratching their heads wondering how a decentralized protocol would handle the clean up.

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Kraken Ventures Raises $65 Million to Invest in Web3, Defi, Blockchain Startups and Protocols https://www.digit.info/kraken-ventures-raises-65-million-to-invest-in-web3-defi-blockchain-startups-and-protocols/ Sat, 18 Dec 2021 07:00:03 +0000 https://www.digit.info/2021/12/18/kraken-ventures-raises-65-million-to-invest-in-web3-defi-blockchain-startups-and-protocols/ Read more]]> Kraken Ventures Raises $65 Million to Invest in Web3, Defi, Blockchain Startups and ProtocolsThe independent investment fund led by Kraken alumni that’s focused on early-stage companies and protocols, Kraken Ventures, announced the successful closing of its first fund at $65 million. Presently, the fund holds positions in platforms like Hashflow, Pstake, Acala, Blockdaemon, Anchorage, and Messari. Kraken Ventures Reveals $65 Million Fund I LP There’s been an enormous […]

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Finance Redefined: Acala wins Polkadot parachain, and Iota set to launch Shimmer, Nov. 12–19 https://www.digit.info/finance-redefined-acala-wins-polkadot-parachain-and-iota-set-to-launch-shimmer-nov-12-19/ Fri, 19 Nov 2021 17:40:46 +0000 https://www.digit.info/2021/11/19/finance-redefined-acala-wins-polkadot-parachain-and-iota-set-to-launch-shimmer-nov-12-19/

Acala was victorious in Polkadot’s first parachain auction, Iota announced its staking network, and Uniswap liquidity providers lose money — all coming to you in this week’s Finance Redefined.

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Acala wins first Polkadot parachain auction with over 32M DOT staked https://www.digit.info/acala-wins-first-polkadot-parachain-auction-with-over-32m-dot-staked/ Thu, 18 Nov 2021 19:29:17 +0000 https://www.digit.info/2021/11/18/acala-wins-first-polkadot-parachain-auction-with-over-32m-dot-staked/

The upcoming Polkadot DeFi hub raised nearly $1.3 billion in its token ICO from approximately 25,000 contributors.

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DeFi protocol Acala raises $400M in crowdloans during first Polkadot parachain auction https://www.digit.info/defi-protocol-acala-raises-400m-in-crowdloans-during-first-polkadot-parachain-auction/ Mon, 08 Nov 2021 20:45:00 +0000 https://www.digit.info/2021/11/08/defi-protocol-acala-raises-400m-in-crowdloans-during-first-polkadot-parachain-auction/

Both parachains on Polkadot and DeFi functions on Acala are still undergoing heavy development.

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Polkadot unveils $770M development fund ahead of parachain auctions https://www.digit.info/polkadot-unveils-770m-development-fund-ahead-of-parachain-auctions/ Tue, 19 Oct 2021 06:12:39 +0000 https://www.digit.info/2021/10/19/polkadot-unveils-770m-development-fund-ahead-of-parachain-auctions/

Polkadot’s Gavin Wood has announced a more than $770 million development fund just weeks before the network’s parachain auctions are set to go live.

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DeFi hub Karura emerges as first Kusama parachain slot auction winner https://www.digit.info/defi-hub-karura-emerges-as-first-kusama-parachain-slot-auction-winner/ Tue, 22 Jun 2021 12:30:47 +0000 https://www.digit.info/2021/06/22/defi-hub-karura-emerges-as-first-kusama-parachain-slot-auction-winner/

Polkadot’s canary network, Kusama, is set to see decentralized finance hub Karura become the first parachain.

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Promising Integrations Join the Polkadot Ecosystem https://www.digit.info/promising-integrations-join-the-polkadot-ecosystem/ Fri, 21 May 2021 10:00:10 +0000 https://www.digit.info/2021/05/21/promising-integrations-join-the-polkadot-ecosystem/ Read more]]> As Polkadot’s vision of a decentralized web advances, the integrations of KILT Protocol and the fintech platform Current are adding new utility layers across the blockchain’s ecosystem, helping tear down the existing barriers between Web 2.0 and 3.0. Value-Driven Integrations to Overcome Traditional Digital Obstacles As excitement over Polkadot’s forthcoming launch heats up, more players […]

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