Security
Balance Coin Crashes 99% After $915,000 42DAO Exploit
Coinpedia·July 22, 2026·1 min read
Balance Coin (BLC) crashed 99% after a $915,000 exploit targeted 42DAO, the decentralized organization behind Balance Protocol on BNB Chain. Attackers manipulated a flawed BTCB oracle price update, triggering large liquidations and bad debt. BLC fell to around $0.001358, according to blockchain security firms including PeckShieldAlert.
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