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

by shayaan


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.

www.coindesk.com

See also  This $50 Million Crypto Disaster Is a Warning to Everyone Using DeFi

You may also like

Latest News

Copyright © Sovereign Wealth Signals