TechFlow news, September 15 — According to an official disclosure by Yala, the protocol previously suffered a security breach resulting in unauthorized fund transfers. The Yala team stated that the situation is now fully under control and they are cooperating with law enforcement agencies to recover the stolen assets.
To protect community interests, Yala has committed to providing full liquidity protection. All affected pools will be fully replenished, ensuring every user can redeem YU for USDC at a 1:1 ratio. The team will release a clear roadmap within 48 hours outlining liquidity recovery and system security enhancements.
Yala emphasized that all Bitcoin funds remain completely secure, and the protocol continues to generate strong revenue, with approximately $750,000 in monthly income and $9.17 million annually.
