Slow Fog confirms that the stablecoin project Yala has been attacked and is assisting with the investigation and analysis.

On September 14, members of the Slow Fog team confirmed that Bitcoin liquidity and its native stablecoin project Yalaa were attacked, and both parties have established contact to analyze the incident. Previously, community users found that Yala's stablecoin YU could not be redeemed through official channels, and Pendle has also issued a risk warning. Its stablecoin YU had once seriously depegged, resulting in losses of up to 30 million dollars.

YALA-4.52%
BTC0.03%
PENDLE-1.68%
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