Acala

Polkadot-based decentralized finance (DeFi) platform Acala’s native stablecoin, aUSD, depegged on Sunday, plummeting 99% after hackers exploited a bug in a newly deployed liquidity pool to mint 1.28 billion tokens. "The Hash" team discusses the implications for the state of stablecoins, open finance, and regulation.

15 aug 2022

Dan Reecer (Acala), Marvin Tong (Phala Network), 0xbrainjar (Composable Finance), Charu Sethi (Unique Network) and Rodrigo Gallegos Anda (Litentry) introduce the features of their applications based on Polkadot. Plus, Moonbeam Founder Derek Yoo discusses highlights of Polkadot network and how Moonbeam integrated the technologies, followed by a Q&A with Anais Rachel (Bitwise Asset Management).

22 jun 2022

After several years in development, Polkadot, an underlying framework for connecting various blockchains, now has five live parachains, or “parallelized chains”: Acala, Moonbeam, Parallel Finance, Astar, and Clover. Polkadot will ultimately offer 100 parachain slots. “The Hash” team discusses where this update puts Polkadot in the layer 1 blockchain conversation as it competes with Ethereum.

20 dec 2021

Fintech firm Current announced that it will become more active in the Polkadot space. Current will serve as a validator on the Polkadot network and plans to integrate Acala, a Polkadot-based decentralized finance (DeFi) platform, into its banking app.

18 mei 2021