Bitcoin. No crypto. On your hardware wallet. With passphrase. Or, in the blink of an eye… BREAKING: A $1 stablecoin CRASHED to nearly zero after a $1 MILLION exploit. Balance Coin, designed to maintain a $1 value using Bitcoin-backed collateral, plummeted over 99% to around $0.0014. SlowMist said the attacker fed the protocol’s oracle an extremely low BTC price, triggering vault liquidations. The attacker then seized the collateral and converted it into approximately $912,000 in profit. BLC is now trading at $0.00075, valuing the entire 3.51M circulating supply at just $2,570. See tweet below.
Btcandres 285⚡ 9🌊 🔦🔑🦡🥩🐇🕳️☣️6.15🛰️🆖🆙🌋Share
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