Yala's Response to Hack: Yala, a Bitcoin-native liquidity protocol, is actively working with law enforcement to recover stolen assets following a recent hack, demonstrating a commitment to user protection and accountability.
Liquidity Restoration and Future Plans: The protocol has successfully replenished its liquidity pools, allowing one-to-one swaps between YU and USDC to resume, and plans to release a detailed security roadmap within 48 hours to enhance system security and prevent future incidents.
