Yala has temporarily suspended the Convert and Bridge features for a system upgrade.

By: theblockbeats.news|2025/09/14 16:12:52
0
Share
copy

BlockBeats News, September 14th, Yala stated that, to further enhance security and system performance, the Convert and Bridge functions will be temporarily unavailable to ensure the stability of the upgrade process. Other protocol functions are not affected, and user assets remain secure. The latest progress will be announced after the maintenance is completed.

Earlier reports, Yala released an attack event update: "Our protocol recently experienced an unsuccessful attack that briefly affected the anchoring price of YU. With the swift collaboration of SlowMist and our security partners, we have identified the issue and are working on introducing improvement measures to further strengthen the system. All user assets are still safe. We will focus on consolidating stability to make the protocol more robust. More updates will be released soon."

You may also like

Electric Capital: Tracking 501 types of yield-generating RWA assets, we discovered these patterns

From private credit to GPU leasing, from catastrophe bonds to music royalties, the range of tokenizable assets is much richer than the market perceives. However, the biggest challenge is not technology, but distribution—existing RWAs heavily rely on a few large deployers, and the concentration of ri...

Those who are cut off by AI will not disappear; they will become the creators of the next round of the economy

AI is not eliminating people, but rather the superstition of "stable careers": those who break the shackles of organizations and understand how to rewrite themselves are ushering in the ultimate revenge.

Stablecoins reshaping cross-border payments in Asia? Strategic panorama and investment opportunity analysis

With the popularity of local payment channels, the costs of traditional transfers have been significantly reduced, and the fees are now mainly concentrated in the domestic settlement phase, which is precisely what stablecoins cannot bypass.

Zuckerberg is building an AI agent to help him as CEO

Zuckerberg is reported to be personally developing a "CEO proxy" to accelerate information acquisition and reduce management layers.

Bloomberg: Swiss Private Bank Old Guard Rifts, Is Bitcoin the Spark?

For Marc Syz, this is both a bet on the digital asset track and a complete break from Switzerland's long-established private banking dynasty.

Zuckerberg is building an AI assistant to help him be CEO

Mark Zuckerberg has been reportedly personally developing a "CEO Proxy" to speed up information flow and reduce management layers.

Popular coins

Latest Crypto News

Read more