{"id":202581,"date":"2026-07-22T20:11:40","date_gmt":"2026-07-22T20:11:40","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=202581"},"modified":"2026-07-22T20:11:40","modified_gmt":"2026-07-22T20:11:40","slug":"another-stablecoin-bites-the-dust-as-blc-crashes-from-1-to-near-worthless","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=202581","title":{"rendered":"Another Stablecoin Bites the Dust as BLC Crashes From $1 to Near Worthless"},"content":{"rendered":"<p>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 vaults controlled by 42DAO, the protocol\u2019s governing organization. Security firms Peckshield and Slowmist confirmed the exploit within hours of the [\u2026]<\/p>","protected":false},"excerpt":{"rendered":"<p>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 vaults controlled by 42DAO, the protocol\u2019s governing organization. Security firms Peckshield and Slowmist confirmed the exploit within hours of the [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":202582,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-202581","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-interesting"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/202581"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=202581"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/202581\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/202582"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=202581"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=202581"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=202581"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}