Top Tweets for #KCEXexpressDaily
#KCEXexpressDaily ⚠️
Balance stablecoin ($BLC) crashed over 99% today, plunging from near $1 to $0.0014. 42DAO on BNB Chain lost ~$912K.
Attacker manipulated the oracle with a fake low $BTC price. No checks or delays meant one transaction triggered invalid liquidations and extracted profit.
⚠️ This exposes risks in oracle-reliant DeFi and algorithmic stablecoins - bad price feeds can cascade fast.
Expect stronger safeguards ahead, but short-term confidence is hit. Control risk and choose audited, robust protocols.
Trade spot with zero fees on #KCEX! https://t.co/RN58xNDeYo
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