Security Incident
42DAO Price Oracle Manipulation: $915.00K Reported Loss
The 42DAO protocol was exploited.
- Reported loss
- $ 915,000
- Attack category
- Price Oracle Manipulation
Incident Overview
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
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.