🚀 Bitcoin Liquidity Protocol Yala Launches Testnet
#Bitcoin #Yala #LiquidityProtocol #Testnet #MetaMint #Stablecoin #Funding #PolychainCapital #EtherealVentures
According to Foresight News, Bitcoin liquidity protocol and stablecoin issuer Yala has announced the launch of its testnet. Users can now deposit MetaMint YU, manage their positions, and stake their YU to earn BERRIES points.
Previously, Foresight News reported that Yala completed an $8 million seed funding round, led by Polychain Capital and Ethereal Ventures.#Bitcoin #Yala #LiquidityProtocol #Testnet #MetaMint #Stablecoin #Funding #PolychainCapital #EtherealVentures
🚀 🔥 Binance Alpha to List Yala (YALA) 🔥
#Binance #Alpha #Yala #YALA #Airdrop #CryptoNews #Listing
Binance announced on X that Binance Alpha will list Yala (YALA) on July 22, 2025, with the exact timing to be announced.Eligible users can claim their airdrop using Binance Alpha Points on the Alpha Events page once trading opens, with further details to be announced. #Binance #Alpha #Yala #YALA #Airdrop #CryptoNews #Listing
🚀 🔥 Binance Alpha to Airdrop 200 YALA Tokens to Eligible Users 🔥
#Binance #Airdrop #YALA #Crypto #Blockchain #BinanceAlpha #Trading #Tokens #AlphaPoints
Binance announced on X that Binance Alpha will list Yala (YALA), with trading opening on July 22, 2025, at 12:00 (UTC).Eligible users can claim an airdrop of 200 YALA tokens on the Alpha Events page within 24 hours once trading begins by using Binance Alpha Points.The airdrop will be distributed in two phases:Phase 1 (first 18 hours): Users with at least 238 Binance Alpha Points can claim the airdropPhase 2 (last 6 hours): Users with at least 200 Binance Alpha Points can participate in the airdrop on a first-come, first-served basis. If the rewards are not fully distributed, the score threshold will automatically decrease by 10 points every hour.Claiming the airdrop will consume 15 Binance Alpha points and users must confirm their claims on the Alpha Events page within 24 hours; otherwise it will be deemed that users have given up claiming the airdrop.#Binance #Airdrop #YALA #Crypto #Blockchain #BinanceAlpha #Trading #Tokens #AlphaPoints
🚀 Yala Addresses Recent Security Incident and Ensures Asset Safety
#Yala #security #cybersecurity #assetSafety #SlowMist #ForesightNews
According to Foresight News, Yala announced on the X platform that it recently experienced an attempted attack, causing a brief de-pegging of YU. With the assistance of security partners like SlowMist, the issue has been identified and is currently being resolved. The team is committed to enhancing system robustness. The official statement emphasized that user asset safety was not compromised.#Yala #security #cybersecurity #assetSafety #SlowMist #ForesightNews
🚀 GAIN Project Faces Major Security Breach Due to Configuration Error
#GAIN #securitybreach #LayerZero #Peer #Ethereum #BinanceSmartChain #BSC #crosschain #minting #GoPlus #Yala #TTTTT #attack #cryptonews #cryptoalert
According to PANews, the GAIN project has suffered a significant security breach due to a LayerZero Peer configuration error. Analysis by GoPlus reveals that attackers exploited this vulnerability by initializing an additional Peer on the Ethereum blockchain and minting TTTTT tokens. This allowed them to bypass cross-chain verification and excessively issue 5 billion GAIN tokens on the Binance Smart Chain. The incident bears similarities to the previous Yala attack, resulting in a dramatic price drop of over 90% for GAIN. Users are advised to temporarily cease interactions with the project to prevent potential losses.#GAIN #securitybreach #LayerZero #Peer #Ethereum #BinanceSmartChain #BSC #crosschain #minting #GoPlus #Yala #TTTTT #attack #cryptonews #cryptoalert
🚀 Cryptojacking and Crypto Attacks Cost $127M in September, Down 22% From August
#Crypto #Cryptojacking #CryptoAttacks #Web3 #DeFi #Blockchain #CyberSecurity #PeckShield #Hacks #Exploits #SwissBorg #UXLINK #VenusProtocol #Yala #GriffAI #CryptoLosses #CryptoSecurity #CryptoNews #XVS
Key Takeaways:Web3 security firm PeckShield reported $127.06M in losses from crypto attacks in September, down from $163M in August (a 22% drop).Around 20 large-scale exploits were recorded, with UXLINK and SwissBorg among the hardest hit.Despite the decline, crypto security remains a pressing risk as hackers continue to target DeFi and Web3 protocols.Crypto Attacks Decline in SeptemberAccording to data published by PeckShield on X (formerly Twitter), losses from crypto security incidents in September 2025 totaled approximately $127.06 million, reflecting a 22% decrease from August’s $163 million.The decline marks a rare pullback after months of sustained attacks on the Web3 sector, though the figures still highlight the ongoing vulnerabilities across DeFi and blockchain platforms.Major Incidents in SeptemberPeckShield identified around 20 major hacks and exploits during the month. The largest cases included:UXLINK – Losses of $44.14MSwissBorg – Losses of $41.5MVenus Protocol – Losses of $13.5M (later recovered)Yala – Losses of $7.64MGriffAI – Losses of $3MThese incidents underscore the continued targeting of cross-chain protocols, DeFi lending platforms, and AI-integrated crypto projects. Market ImplicationsWhile the 22% decline in stolen funds is a positive signal for security efforts, experts caution that attack sophistication is rising. Many protocols now face phishing-based exploits, private key leaks, and governance manipulation, in addition to traditional smart contract vulnerabilities.PeckShield’s report highlights that recoveries like Venus’ $13.5M case also play a role in lowering net monthly losses, but the overall risk landscape for investors remains elevated.September’s $127M in crypto attack losses shows progress in industry defense mechanisms, but with over 20 major incidents, security in DeFi and Web3 remains a critical concern. Investors are urged to remain cautious, conduct due diligence, and track protocol-level security updates closely.#Crypto #Cryptojacking #CryptoAttacks #Web3 #DeFi #Blockchain #CyberSecurity #PeckShield #Hacks #Exploits #SwissBorg #UXLINK #VenusProtocol #Yala #GriffAI #CryptoLosses #CryptoSecurity #CryptoNews #XVS
🚀 Yala Announces Progress in Security Breach Investigation
#Yala #securitybreach #stablecoin #Bangkok #Thailand #fundrecovery #usercompensation
According to PANews, stablecoin protocol Yala has announced significant developments regarding the security breach that occurred on September 14. The suspect involved in the incident has been apprehended by law enforcement in Bangkok, Thailand. The official statement confirms that most of the affected funds have been successfully recovered, and all user compensation claims have been fully processed.#Yala #securitybreach #stablecoin #Bangkok #Thailand #fundrecovery #usercompensation
🚀 Yala Addresses Stablecoin YU's Depegging and Liquidity Crisis
#Yala #Stablecoin #YU #Depegging #LiquidityCrisis #BlockchainSecurity #Hack #USDC #ETH #DeFi #Protocol #LawEnforcement #Funding #MarketStability #Recovery #Crypto
According to BlockBeats, Yala has issued a statement on X regarding the depegging and liquidity crisis of its stablecoin, YU. On September 14, 2025, Yala suffered a hack resulting in a loss of $7.64 million USDC, equivalent to approximately 1,636 ETH at the time. Although this incident temporarily caused YU to depeg, the core protocol remained secure. The team injected $5.5 million to stabilize the situation, and YU subsequently regained its peg, allowing the protocol to resume normal operations.
On October 29, 2025, Bangkok law enforcement arrested the hacker, recovering most of the affected funds. However, the recovery process is still under judicial review. Some funds were converted to ETH before recovery, and subsequent price drops, along with funds already spent by the attacker, have reduced the actual value of the recovered assets.
Recent retail investor withdrawals from the DeFi market have exacerbated existing liquidity pressures, impacting Euler, which had previously supported YU's stability. Some positions and liquidity used for YU are currently restricted.
Yala clarified that it has not integrated with Kamino's lending products, and the AyCJ wallet does not belong to the Yala team or its members.
The team is assessing the necessary funding to stabilize the market and is working with law enforcement and financial partners to secure financing. Given the current liquidity constraints across multiple protocols and assets, this process will take time. Yala has committed to announcing a clear plan by December 15, 2025, detailing the path to fund recovery and future operational measures.#Yala #Stablecoin #YU #Depegging #LiquidityCrisis #BlockchainSecurity #Hack #USDC #ETH #DeFi #Protocol #LawEnforcement #Funding #MarketStability #Recovery #Crypto