Acala Rectified Misconfiguration Resulting $aUSD Erroneously Minted, with Lost Funds Transfer Disabled
Acala announced on Twitter that the previous suspected hack was due to a misconfiguration of the iBTC/aUSD liquidity pool, which resulted in error mints of a significant amount of $aUSD. The misconfiguration has been rectified and wallet addresses that received the errorneously minted $aUSD have been identified, with on-chain activity tracing in respect of these addresses underway. Based on preliminary on-chain tracing, over 99% of the errorneously minted $aUSD remain on Acala parachain with a small proportion of errorneously minted $aUSD being swapped for $ACA and other tokens on Acala parachain. These errorneously minted $aUSD remaining on Acala parachain along with swapped Acala parachain native tokens have been transfer disabled. Meanwhile, functions including swap, xcm, and honzon-related ones on Acala have been paused. According to TokenInsight data, the price of$aUSD has increased to $0.8858.