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#HackerAlert 🚨 Balance Coin Crashes 99% Due to $915,000 Exploit Algorithmic stablecoin Balance Coin (the native stablecoin of the DeFi protocol Balance Protocol, pegged to USD) has lost over 99% of its value due to a targeted attack. The coin’s price has fallen from $0.9954 to $0.001358. 📌 Key Incident Details: ➡️ Oracle Vulnerability: According to cybersecurity firm SlowMist, the hacker exploited an “abnormally low” Binance Bitcoin (#BTCB ) price in a price oracle. ➡️ Attack Mechanics: Due to the lack of price protection and liquidation delay in Maker-like systems, the attacker liquidated multiple BTCB vaults in a single transaction combination and withdrew the assets at a profit. ➡️ Losses: According to PeckShield, the losses of the 42DAO (the governing body of the Balance Protocol) DAO structure are estimated at $915,000. ⚠️ This case has joined the line of DeFi exploits of the year, where attackers continue to attack vulnerabilities in smart contracts, oracles, and admin access.
#HackerAlert
🚨 Balance Coin Crashes 99% Due to $915,000 Exploit

Algorithmic stablecoin Balance Coin (the native stablecoin of the DeFi protocol Balance Protocol, pegged to USD) has lost over 99% of its value due to a targeted attack. The coin’s price has fallen from $0.9954 to $0.001358.

📌 Key Incident Details:
➡️ Oracle Vulnerability: According to cybersecurity firm SlowMist, the hacker exploited an “abnormally low” Binance Bitcoin (#BTCB ) price in a price oracle.
➡️ Attack Mechanics: Due to the lack of price protection and liquidation delay in Maker-like systems, the attacker liquidated multiple BTCB vaults in a single transaction combination and withdrew the assets at a profit.
➡️ Losses: According to PeckShield, the losses of the 42DAO (the governing body of the Balance Protocol) DAO structure are estimated at $915,000.

⚠️ This case has joined the line of DeFi exploits of the year, where attackers continue to attack vulnerabilities in smart contracts, oracles, and admin access.
🚨 JUST IN: Sweden Approves First BTC-Backed Preferred Shares Bitcoin Treasury Capital ($BTCB) has received approval to list BTC PREF, Sweden's first Bitcoin-backed preferred shares, on the Spotlight Stock Market starting July 20. The new offering targets a 10% annual dividend, backed by the company's Bitcoin treasury, and is being promoted as Europe's first digital credit product—marking another step in merging traditional finance with Bitcoin-based investment products. Will BTC-backed dividend products accelerate institutional Bitcoin adoption across Europe? 👀 #Bitcoin #BTC #Crypto #Investing #BinanceSquare #Blockchain #Europe #BTCB
🚨 JUST IN: Sweden Approves First BTC-Backed Preferred Shares

Bitcoin Treasury Capital ($BTCB) has received approval to list BTC PREF, Sweden's first Bitcoin-backed preferred shares, on the Spotlight Stock Market starting July 20.

The new offering targets a 10% annual dividend, backed by the company's Bitcoin treasury, and is being promoted as Europe's first digital credit product—marking another step in merging traditional finance with Bitcoin-based investment products.

Will BTC-backed dividend products accelerate institutional Bitcoin adoption across Europe? 👀

#Bitcoin #BTC #Crypto #Investing #BinanceSquare #Blockchain #Europe #BTCB
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Bullish
$WBTC is maintaining its narrow peg stability on the 15-minute Binance chart as it fluctuates slightly against Bitcoin. In Screenshot_20260603_003441.jpg, the price action shows tight range-bound behavior between the support level at 0.0078 and resistance cap at 0.9984. This minor fluctuation reflects normal arbitrage mechanics as the market absorbs low-volume transactions within a strict 24-hour liquidity band. A steady consolidation at the current 0.9982 level keeps the pair firmly positioned near its intraday high, ensuring seamless stability and maintaining structural equilibrium. Target 1: 0.9985 Target 2: 0.9990 Target 3: 0.9995 #WBTC #RENBTC #BTCB {spot}(WBTCUSDT)
$WBTC is maintaining its narrow peg stability on the 15-minute Binance chart as it fluctuates slightly against Bitcoin. In Screenshot_20260603_003441.jpg, the price action shows tight range-bound behavior between the support level at 0.0078 and resistance cap at 0.9984. This minor fluctuation reflects normal arbitrage mechanics as the market absorbs low-volume transactions within a strict 24-hour liquidity band. A steady consolidation at the current 0.9982 level keeps the pair firmly positioned near its intraday high, ensuring seamless stability and maintaining structural equilibrium.
Target 1: 0.9985
Target 2: 0.9990
Target 3: 0.9995
#WBTC #RENBTC #BTCB
my little tip #zec It describes the movement #btcb almost completely, trade on the 5m timeframe, scoop up 3-7 dollars per candlestick, and everything will be alright
my little tip #zec

It describes the movement #btcb almost completely, trade on the 5m timeframe, scoop up 3-7 dollars per candlestick, and everything will be alright
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