SlowMist confirms stablecoin project Yala has been attacked and is assisting with the investigation and analysis.

a member of the SlowMist team confirmed in a post that the liquidity of Bitcoin and its native stablecoin project Yalaa have been attacked, and both parties have established contact and analyzed this attack incident.

Earlier, 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 has experienced severe de-pegging, with losses potentially reaching 30 million US dollars.