Another Stablecoin Bites the Dust as BLC Crashes From $1 to Near Worthless
Balance Coin, an algorithmic stablecoin built on BNB Chain, lost more than 99% of its value on July 22, 2026, after an attacker manipulated a price oracle and drained roughly $912,000 in bitcoin-backed collateral from va...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
Bitcoin is showing up inside the Stablecoins theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.
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