Balance stablecoin collapses after Bitcoin vault drained
Balance Coin collapses over 99% after a governance exploit drains its Bitcoin vault, highlighting vulnerabilities in DeFi systems. The post Balance stablecoin collapses after Bitcoin vault drained appeared first on Crypt...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Balance Coin collapses over 99% after a governance exploit drains its Bitcoin vault, highlighting vulnerabilities in DeFi systems.
The post Balance stablecoin collapses after Bitcoin vault drained appeared first on Crypto Briefing.
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.
Original source
Read on Crypto BriefingRelated market context
HIFI Raises $37M To Build Stablecoin And Tokenized Market Infrastructure
HIFI has raised a $37 million Series A led by Left Lane Capital. The company says the funding will expand stablecoin payments, car...
Fed proposed stablecoin rule could trigger a 48-hour liquidation run
The Federal Reserve's proposed rules for the payment stablecoin issuers it supervises include a crisis clock measured in hours. An...
EBA Floats Stablecoin Lending Restrictions for EU Crypto Firms
The European Banking Authority has floated barring EU crypto service providers from arranging or facilitating borrowing and lendin...
Binance deal gives Circle a boost in stablecoin race with Tether, analysts say
The five-year deal could strengthen USDC’s reach in emerging markets, though Tether’s liquidity advantage remains hard to dislodge...
Ethereum is not instant, but collateral could make it feel that way
When a payment app tells you a transfer is complete, you start making decisions. You hand over whatever you've sold, spend the mon...
SEC clears regulatory hurdle as crypto token buybacks hit record $638 million
Crypto projects spent about $638 million with token buybacks through late August 2026, according to Allium Labs data. That is alre...