POLYCHAIN-BACKED YALA STABLECOIN YU CRASHES TO $0.20 AFTER PROTOCOL ATTACK
https://media.zenfs.com/en/cryptonews_us_711/991db3f8fffe1ed57a41f8f3bf5bf39a
✍️ The Yala stablecoin (YU) lost its dollar peg after a protocol attack, causing its price to drop to $0.2074 before recovering to $0.917. The team is working to restore stability and security.
👉 Yala stablecoin lost its dollar peg after a protocol attack 👉 Price dropped to $0.2074 before recovering to $0.917 👉 Team confirmed the attack and assured users that all assets remain secure 👉 Team is working with external security specialists to investigate the breach 👉 YU holders are in panic mode as the stablecoin has plunged more than 22% since the incident
-- #VickyFu #PaoloArdoino #DoKwon #ZhouXiaochuan #technology
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