Another Stablecoin Depegs: $aUSD Hacked
The aUSD stablecoin has become the latest stablecoin to take a hit after a hack into the Acala Network resulted in a 99% drop in its value.
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Horizon Protocol price is $0.029364, up 5.00% in the last 24 hours, and the live market cap is $4,149,964. It has circulating supply volume of 231,077,709 HZN coins and a max. supply volume of 231,077,709 alongside $53,392 24h trading volume.
About Horizon Protocol
Coin is a digital form of currency that can be used to purchase goods and services online. Horizon Protocol is an innovative blockchain-based platform that enables users to securely store, transfer, and exchange digital assets in a decentralized manner. It offers a secure and transparent way for individuals and businesses to transact with each other without the need for intermediaries.
Horizon Protocol utilizes smart contracts to facilitate transactions between users, allowing them to securely transfer funds from one user to another without the need for third-party verification. The platform also provides users with access to a variety of features such as multi-signature wallets, atomic swaps, and decentralized exchanges. Additionally, Horizon Protocol uses advanced cryptography techniques such as zero-knowledge proofs and ring signatures to ensure maximum security.
The platform also allows developers to create their own custom tokens on the network. These tokens can be used for various purposes such as crowdfunding campaigns or loyalty programs. Furthermore, Horizon Protocol provides users with access to its own native token called HZN which can be used for staking rewards or paying transaction fees.
Overall, Horizon Protocol is an innovative blockchain-based platform that provides users with a secure and transparent way of transferring digital assets while eliminating the need for intermediaries. It offers numerous features such as smart contracts, multi-signature wallets, atomic swaps, decentralized exchanges, and more.
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