रिलायंस इंडस्ट्रीज के चेयरमैन और मैनेजिंग डायरेक्टर मुकेश अंबानी ने लगातार छठे साल कंपनी से …
Read More »YU Stablecoin Wobbles—Yala Fails to Restore Dollar Peg
Yala’s Bitcoin-backed YU stablecoin is faltering after an attempted attack destabilized its $1 peg, dropping it to $0.2046 on September 14, 2025, per Cointelegraph. Despite recovering to $0.78, YU’s inability to fully restore its peg has sparked concerns about the stability of newer stablecoins in DeFi. The attack, reported by Yala on X, involved a hacker minting 1.2 billion YU …
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