Acala, a parachain project on Polkadot, says it has recovered about 2.97 billion from 16 addresses that minted 3 billion Acala USD (aUSD) in a security incident last Sunday. The error allowed some Acala liquidity providers to mint its native stablecoin and illegitimately move them into their control. Per the team, 99% of these “error mints” remained within addresses on the Acala network. This team halted the Acala chain and was able to freeze addresses that held the minted stablecoin.
Acala recovers 297 billion of aUSD stablecoin minted during exploit
