News linked to both this project and an event.
TenArmor Alert detected a suspicious attack involving the TENDRIL/USDT pool on BSC, with estimated losses of approximately $309,000.
TenArmor detected a suspected attack on BSC involving the InsurancePool and CoreVault contracts, with estimated losses of approximately $112,300.
Odaily Planet Daily reported that the algorithmic stablecoin Balance Coin dropped from $0.9954 to $0.001358, a decline of over 99%. The stablecoin is the native algorithmic stablecoin of the Balance Protocol, designed to maintain a peg to the US dollar. Blockchain security firm PeckShield stated that the depegging occurred following an exploit of the decentralized autonomous organization 42DAO, which governs the Balance Protocol and its BLC token, resulting in a $915,000 loss. TenArmor reported detecting suspicious attacks involving GemJoin and 42DAO on the BNB Chain.