Acala Releases Full Trace Report of $aUSD Error Mints Incident

Acala released a full trace report of all addresses involved in the $aUSD error mints incident. There are currently 52 million outstanding $aUSD error mints, and the incident involved 281 addresses, with 42.48 million traceable $aUSD error mints remaining on these addresses. 8,764,000 of the remaining $aUSD error mints were outflows out to other parachains such as Moonbeam, Astar, and Interlay, with the rest located in DEX module addresses. Previously, the iBTC/aUSD liquidity pool was misconfigured on August 14th, resulting in $aUSD error mints. In this incident, Acala minted a total of 3.022 billion of $aUSD in error.
Source

Polkadot

DeFi

Cross-Chain

Stablecoins

Security Incidents

In This Article

Related News
Daily Market Wrap | Aug. 08 Daily Market Wrap | Aug. 08
North Korean hackers use fake Zoom updates to deliver ‘NimDoor’ macOS malware targeting crypto firms North Korean hackers use fake Zoom updates to deliver ‘NimDoor’ macOS malware targeting crypto firms
Wall Street back-office giant DTCC mulls stablecoin integration: report Wall Street back-office giant DTCC mulls stablecoin integration: report
Crypto industry cheers progress in 'historic' stablecoin legislation as Senate advances GENIUS Act Crypto industry cheers progress in 'historic' stablecoin legislation as Senate advances GENIUS Act
Circle secures in-principle approval to operate as money services provider in Abu Dhabi Circle secures in-principle approval to operate as money services provider in Abu Dhabi
Latest News More More
7 Minutes Ago Daily Market Wrap | Aug. 21
1 Day Ago Daily Market Wrap | Aug. 20
2 Days Ago Daily Market Wrap | Aug. 19
3 Days Ago Daily Market Wrap | Aug. 18
6 Days Ago Daily Market Wrap | Aug. 15
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open