BNB$573.26+0.14%BRENT$98.38-5.63%BTC$65,188+0.09%COPPER$6.3+0.56%DJI$51,947+0.53%DOGE$0.0727-0.33%DXY104.20+0.00%ETH$1,946+0.33%GOLD$4,052+1.33%NDX$28,128+1.14%SILVER$57.98+2.86%SOL$76.47+0.31%SPX$7,412+0.67%US10Y4.25+0.00%VIX14.50+0.00%BNB$573.26+0.14%BRENT$98.38-5.63%BTC$65,188+0.09%COPPER$6.3+0.56%DJI$51,947+0.53%DOGE$0.0727-0.33%DXY104.20+0.00%ETH$1,946+0.33%GOLD$4,052+1.33%NDX$28,128+1.14%SILVER$57.98+2.86%SOL$76.47+0.31%SPX$7,412+0.67%US10Y4.25+0.00%VIX14.50+0.00%
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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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