Stablecoin event

Erroneous aUSD mint disrupts Acala

A configuration error enabled billions of erroneously minted aUSD, disrupting swap ratios and prompting governance intervention.

ImpactCritical
Detail kindSecurity Incident
Sources1

Acala Dollar / aUSD Seed

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Acala Network

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Event details
Date2022-08-14
Event typeErroneous Mint Incident
Event detail kindSecurity Incident
Stablecoin subjectsAcala Dollar / aUSD Seed
Organization subjectsAcala Network
ImpactCritical
Effect on stablecoin statusImpaired
Recovery / reversalNot applicable / unresolved
Recovery date
Cause or mechanismPublic information is incomplete.
Record confidenceHigh
Sources
SourcePublisherTypeEvidence scope
Acala Incident Report 14/08/2022AcalaOfficial Incident ReportError Mint, Governance Burn, Recovery, Security Incident and Recovery

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