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SlowMist has confirmed that the stablecoin project Yala has been attacked and is currently assisting with the investigation and analysis

By: theblockbeats.news|2025/09/14 03:32:07

BlockBeats News, September 14th, a SlowMist team member posted confirming that the Bitcoin liquidity and its native stablecoin project Yalaa were under attack. Both parties have been in contact and analyzing this attack.

Prior to this, 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 experienced a severe depegging, with losses of up to $30 million.

YALA drops over 19% in 6 hours, Market Cap Falls to $38 Million

Yala: Hacker attempted attack but was unsuccessful, user funds secure