Tag: Drains

spot_img

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

Balance Coin, a low-circulation algorithmic stablecoin meant to hold a dollar peg, crashed more than 99% on Wednesday after an attacker exploited a pricing...

Oracle Exploit Drains $9M From Bonzo Lend on Hedera

Hedera-based lending protocol Bonzo Lend lost about $9 million after an attacker manipulated the price of SAUCE used as collateral, allowing the account to...

DeFi Lending and DEX Fees Slump as Leverage Drains Out After June Selloff

Fees fell as much as 65% week over week across the largest lending protocols and decentralized exchanges.Fees across DeFi's largest lending protocols and decentralized...