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

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

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.

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


Source:CoinDesk

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來源:https://www.coindesk.com/tech/2026/07/22/balance-stablecoin-collapses-99-after-usd1-million-exploit-drains-its-bitcoin-vaults