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After trading sideways for almost a week, Polkadot's price looked set to start another push to the upside.

These may be the only three cryptocurrencies you need to know in the back half of 2022.

An Acala Network bug allowed the creation of 1.3 billion tokens, which were then burned

Pastel Network, a purpose-built blockchain and protocol standard for non-fungible tokens (NFTs) and Web3 technology, is teaming up with Parity Technologies.

The Polkadot price analysis is bearish as the price has further declined today. The price levels have reduced to the $8.76 range, and a steady decline in DOT price has been going on since 13 August 2022, yet yesterday bulls tried to make some recovery, but bears returned and decreased the price.

Hackers have exploited a loophole in Acala's newly-created iBTC/aUSD liquidity pool to steal millions of dollars worth of tokens on August 14, 2022, forcing the aUSD stablecoin to lose its peg with the USD.

These mega-cap cryptos are seeing the benefits of an incredible market-driven sentiment shift.

Bitcoin and altcoins met selling at key overhead resistance levels and investors are unsure whether traders will buy the current dip.

Interlay has launched a wrapped Bitcoin asset called interBitcoin (iBTC) on the Polkadot chain. The post Interlay launches Bitcoin-backed stablecoin iBTC on Polkadot network appeared first on CryptoSlate.

Hackers used an exploit to mint 1.28 billion aUSD tokens, prompting the stablecoin to lose its peg to the U.S. dollar.

The Polkadot price analysis reveals the cryptocurrency is showing a bullish bias today, as the price has risen again to $9.20 after the bullish momentum returned.

The Acala network has suffered a heavy attack from hackers. There are strong indications that the attack has claimed a whopping amount of aUSD tokens.

Polkadot has been on the up this week on the back of the crypto-market's changing bullish tides. In fact, the same was underlined by the double-digit gains recorded by DOT.

2022 has been the year of broken stablecoins as a myriad of dollar-pegged crypto assets depegged from their dollar value this year. On August 14, the Polkadot-based stablecoin alpaca usd (AUSD) dropped below a U.S. penny in value, only to bounce back to the $0.95 region hours later.

Acala has become the latest DeFi protocol to come under attack as hackers mint 1.2 billion aUSD from thin air.

TL;DR Acala network, the defi protocol for Polkadot, has suffered a breach, and its stablecoin depegged from the dollar.  Acala Network's aUSD stablecoin currently sits below $1, dropping as low as 0.58 at one point.

Acala Network became the latest Defi network to suffer an exploit after hackers breached the network and issued 1.2 billion aUSD tokens. The post Acala Network aUSD Depegs by 99% as Hacker Issues Over 1 Billion Tokens appeared first on BeInCrypto.

Attackers have struck the markets again; this time, the Acala network is on the receiving end. A few hours ago, reports broke out that the Acala dollar aUSD is being messed with by hackers who Issued 1.2 billion aUSD to themselves through a bug in the Honzon protocol.

Acala Network, the decentralized finance hub of Polkadot, was breached and its stablecoin depegged from the dollar. The post Polkadot-based stablecoin aUSD depegs after Acala Network breach appeared first on The Block.

Polkadot price analysis shows that the bearish spree continues as DOT slips below the $9.24 support. The DOT/USD pair is currently trading at the $9.32 level, down by more than 1.62 percent in the past 24 hours.

Polkadot $9.98 resistance retest eminent according to market indicators and our analysis. Price analysis of Polkadot (DOT) shows that a strong bullish trend propelled the stock to a $9.54 high.

The decentralized hub of the Polkadot network has suffered a security breach, which resulted in the de-pegging of the AUSD stablecoin

Yet another DeFi protocol has been tampered by hackers, who, in the last couple of months, have succeeded in breaching security of many other protocols. This time, polcadot's Alcala becomes the victim.

Polkadot (DOT) price reveals that the extreme bullish movement pumped the price reaching $9.54. DOT price extremely bullish; set to retest $9.88 key resistance level.