Balance stablecoin collapses 99% after $1 million exploit drains its bitcoin vaults

Tech, Stablecoins, Hack, News An attacker fed the lending system a fake, abnormally low bitcoin price, liquidated vaults that should have been safe, and pocketed the difference in a single transaction. An attacker fed the lending system a fake, abnormally low bitcoin price, liquidated vaults that should have been safe, and pocketed the difference in a single transaction. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Read More

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