BNB$722.52-0.36%BRENT$100.44-0.76%BTC$78,418+0.08%COPPER$6.79-0.19%DJI$52,381-0.77%DOGE$0.0860-0.49%DXY98.73-0.08%ETH$2,480+0.12%GOLD$4,428+0.68%NDX$29,422-0.29%SILVER$67.86+0.88%SOL$101.98-0.07%SPX$7,636-0.48%US10Y4.84+0.65%VIX16.46+4.71%BNB$722.52-0.36%BRENT$100.44-0.76%BTC$78,418+0.08%COPPER$6.79-0.19%DJI$52,381-0.77%DOGE$0.0860-0.49%DXY98.73-0.08%ETH$2,480+0.12%GOLD$4,428+0.68%NDX$29,422-0.29%SILVER$67.86+0.88%SOL$101.98-0.07%SPX$7,636-0.48%US10Y4.84+0.65%VIX16.46+4.71%
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·Confidence 85%·Breaking

Balance Stablecoin Plummets 99% Following Major Exploit

HOTBTC ↓ Strong

Key takeaways

  • BTC: BTC — Strong bearish
  • The Balance stablecoin has collapsed by 99% after a $1 million exploit drained its bitcoin vaults, triggered by a manipulated low bitcoin price.
#stablecoins#crypto security#bitcoin

Analysis

The Balance stablecoin has collapsed by 99% after a $1 million exploit drained its bitcoin vaults, triggered by a manipulated low bitcoin price.

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