Polkadot-parachay Acala's development team announced that it has returned about 2.97 billion aUSD stabelcoins that were stolen due to an exploit.
The incident occurred due to a code error in one of Acala's smart contracts that managed the iBTC/aUSD liquidity pool. This error allowed some Acala liquidity providers to create their own Stablecoin.
The aUSD stabelcoin itself has almost regained its dollar peg and trades at $0.9.
More gains to Crypto Culture🔥. Reshared🔁
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