Source: CoinDesk ↗
Balance stablecoin collapses 99% after $1 million exploit drains its bitcoin vaults
What the source reports
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.
Read the original report on CoinDesk ↗Live market context
Market figures are live reference data, not evidence that this report caused a price movement. Not financial advice.
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