Balance stablecoin collapses 99% after $1 million exploit drains its bitcoin vaults
CoinDesk
Read Full Article at CoinDesk →Ad Slot — In-Article (728x90)
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.
This is a summary. For the full story, read the original article at CoinDesk.
Original source: CoinDesk