रिलायंस इंडस्ट्रीज के चेयरमैन और मैनेजिंग डायरेक्टर मुकेश अंबानी ने लगातार छठे साल कंपनी से …
Read More »Polychain-Backed Yala Stablecoin YU Plummets to $0.20 After Protocol Attack
The Polychain-backed Yala stablecoin (YU) crashed to $0.20, losing its $1 peg following a sophisticated protocol attack. The Bitcoin-backed stablecoin, designed for DeFi liquidity, partially recovered to $0.78 but remains under pressure, raising concerns about the security of algorithmic stablecoins. Blockchain analytics firm Lookonchain reported that the attacker minted 120 million unauthorized YU tokens on Polygon, selling 7.71 million across …
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