TID Premium: Tether Launching New Stablecoin, Yala Hacked For $120M, Boost Stablecoin Yields to 30%+ APY, and more...
Executive Summary:
Updates π°
β Ethena Labs deployed USDe and sUSDe on Avalanche, enabling DeFi use with AVAX rewards and Ethena Points.
Issuesβ οΈ
β Yala hacked for 120M YU; 7.7M USDC stolen and converted to ETH; team paused key functions, pledged peg restoration, and is working with law enforcement.
β Monero hit by 18-block reorg; users advised to wait for mβ¦
