Acala attacked by hackers, aUSD loses peg

aUSD, the stablecoin of the Acala Network, is currently losing Peg, dropping 30%. The cause of this sudden loss of pegs has been identified by the Acala platform as experiencing an attack.

The hackers issued more than 1.2 billion this stablecoin. AUSD broke off and once fell by 70%. Acala said a configuration issue of the Honzon protocol which affects AUSD and passed an urgent vote to pause operations.