Another Day, Another Crypto Collapse: Balance Stablecoin Tanks
In what can only be described as a shocking yet utterly predictable turn of events, the algorithmic stablecoin Balance Coin plummeted 99% after an attacker exploited a pricing flaw, making off with close to $1 million. You'd think these digital wizards would learn, but apparently, the allure of easy money is stronger than basic security. Down here, the only thing collapsing is the price of a cold Cerveza after a long day chasing waves, and that's a collapse we can all appreciate.