Yala (YU) has crashed by around 50% in 24 hours. The depeg was prompted by runaway borrowing that drained liquidity pools.

Yala reported liquidity stress on November 16 after users flagged unusual borrowing behavior. The platform said it opened an ...

This paid press release is provided by Yala and was not written by CoinDesk. CoinDesk does not endorse and is not responsible or liable for this content. Singapore, Singapore, Date, Chainwire Leading ...

Yala, a liquidity and stablecoin protocol, is excited to unveil its new vision for the future “to create a thriving, open ecosystem that unlocks the full potential of DeFi on Bitcoin”. This ambition ...

New York, Jan. 10, 2024 (GLOBE NEWSWIRE) -- In a digital age where cryptocurrency is synonymous with innovative potential, Bitcoin, as the pioneer of decentralization, has often been regarded more as ...