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Altcoins & DeFi

A7A5 stablecoin stops paying interest as transfers sink to 61 a day

Image: Cryptopolitan

Holders of A7A5, a ruble-pegged stablecoin built to get around Western sanctions, have been waiting for interest payments since October 9. Ukrainian drones attacked Russian data centers hosting its exchange, and daily transfers fell to around 61 across two blockchains. Ukrainian drones set fire to a Yandex data center in Sasovo, in Russia’s Ryazan region, overnight October 7-8. Yandex has suspended the site. More than 1,300 complaints about Yandex Cloud, Yandex Documents and Yandex Tables were registered by Downdetector. Shares of Yandex fell more than 3.4% on the Moscow Exchange.

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