Stable Currency Protocol
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Djed Alliance Announces Launch of Milkomeda-C1: A New EVM Compatible Cardano Side Chain for Stable Currency Protocol Djed
On April 29th, Djed Alliance, the manager of the stable currency protocol Djed, announced that the protocol has now launched the EVM compatible Cardano side chain Milkomeda-C1.
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Angle Protocol Responds to Euler Finance Hacker Attack
On March 15th, it was reported that the decentralized stable currency protocol, Angle Protocol, had prepared a detailed overview of the post Euler Finance hacker attack protocol based on the information on the chain. Among them, the affected USDCs were approximately $17.52 million, and the total value of the tokens held by the DAO (including agEUR) was approximately $19.59 million. The team is closely monitoring the situation and working with the authorities to provide all assistance it can provide to investigate the hacker attack, The update will be shared as soon as it is received. Angle Protocol: The USDC affected by hacker attacks is approximately $17.52 million, and the DAO still holds nearly $20 million in tokens Analysis based on this information:Angle Protocol, a decentralized stable currency protocol, has released a detailed overview of the post Euler Finance hacker attack protocol. The protocol is based on information gathered from the blockchain, and reveals that around $17.52 million worth of USDCs…
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Angle Protocol affected by Euler’s vulnerability exploitation
On March 14, the official of the decentralized stable currency protocol, Angle Protocol, said that AngleProtocol was affected by Euler’s vulnerability exploitation, and the protocol deposited 17.6 million USDCs into Euler. The agreement has been suspended, the debt ceiling has been set to 0, and Euler AMO has been closed. The situation is being monitored and will be updated immediately after receiving the update. Angle Protocol: 17.6 million USDC funds are affected by Euler attack Analysis based on this information:Angle Protocol officials announced on March 14 that Euler’s vulnerability exploitation had affected the decentralized stable currency protocol. The protocol had to deposit 17.6 million USDCs into Euler, and subsequently had to suspend the agreement, set the debt ceiling to 0 and close Euler AMO. The Angle Protocol is a relatively new decentralized finance (DeFi) platform that facilitates the creation of stable coins. Decentralized finance refers to a digital, blockchain-based financial system without the need for intermediaries like banks or other…
