Yala suspends Convert and Bridge functions for system upgrade
ChainCatcher news, Yala stated that in order to further enhance security and system performance, the Convert and Bridge functions will be temporarily unavailable to ensure stability during the upgrade process. Other protocol functions are not affected, and user assets remain safe. The latest progress will be announced after maintenance is completed.
Previous news reported that Yala released an update on the attack incident: "Our protocol recently experienced an attempted attack, which briefly affected the pegged price of YU. With the swift cooperation of SlowMist and our security partners, we have identified the issue and are implementing improvements to further strengthen the system. All user assets remain completely safe. We will focus on consolidating stability to make the protocol more robust. More updates will be released soon."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Data: Long-term holders collectively own 14.35 million BTC, accounting for approximately 68.3% of the total supply.
Trending news
MoreAnalysis: Yen Carry Trade Has Significantly Contracted, Bitcoin May Strengthen After Policy Pressure Eases from the Bank of Japan
Analysis: Bitcoin options with a notional value of approximately $23.8 billions will expire on December 26, potentially leading to concentrated liquidation and repricing of risk exposure at year-end.
