Digital Asset
Intelligence
Security Incident

42DAO Price Oracle Manipulation: $915.00K Reported Loss

·Historical incident record

Incident Overview

The 42DAO protocol was exploited. The attacker manipulated the Median Oracle with an abnormally low BTCB price, triggering forced liquidations of multiple BTCB vaults and profiting approximately $915,000. This caused its algorithmic stablecoin Balance Coin (BLC) to crash over 99% from near $1 to about $0.001.

Sources & References

Original incident referencehttps://x.com/SlowMist_Team/status/2079759793192132810 (opens in a new tab)

This record presents information attributed to the linked sources. Incident dates describe the original event, not a new report. Reported loss figures reflect the source record and are not current market valuations.

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