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

.1 min read
Balance stablecoin collapses 99% after $1 million exploit drains its bitcoin vaults - LCX Exchange

The Balance stablecoin has plummeted by 99% following a $1 million exploit that drained its Bitcoin vaults, raising significant concerns about the platform's security. This incident highlights the ongoing vulnerabilities within the decentralized finance sector, prompting calls for improved safety measures in the management of digital assets.

Read the full story at Google News Crypto →


Source: Google News Crypto · Report an issue

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Balance stablecoin collapses 99% after $1 million exploit drains its bitcoin vaults - LCX Exchange | CoinInformer