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Oracle flaw leads to $912K theft and 99% crash of Balance Coin in DeFi hack

Market News
22 Jul 2026
TheNewsCrypto
View Source
Bearish
pluang ai news

A design flaw in 42DAO's price oracle allowed a hacker to manipulate BTCB prices, triggering automated liquidations and stealing about $912,000. This caused the Balance Coin (BLC) price to plummet over 99%, wiping out market confidence and reducing BLC's market cap to around $12,000. The incident highlights growing security risks in DeFi protocols due to weak oracle protections, urging developers to implement stricter validation and liquidation controls to safeguard user funds.

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BioLife Solutions downgraded to Hold amid $1.5B Repligen acquisition and shareholder fairness probe

BioLife Solutions downgraded to Hold amid $1.5B Repligen acquisition and shareholder fairness probe

BioLife Solutions stock was downgraded to a 'Hold' rating with a $31 price target by Lake Street amid its proposed $1.5 billion acquisition by Repligen Corporation. The deal, a cash-and-stock offer, is under legal scrutiny by Halper Sadeh LLC, which ...

Market News
Bearish
47 minutes ago
Altius Minerals raises price target amid record royalty revenue and portfolio expansion

Altius Minerals raises price target amid record royalty revenue and portfolio expansion

Altius Minerals Corporation sees a price target increase from C$51 to C$54 by Bank of Montreal, reflecting optimism despite a 'Market Perform' rating. The company projects record Q2 2026 royalty revenue of about $30 million, up from $12.7 million a y...

Analyst Insights
Bullish
52 minutes ago
Badger Meter beats Q2 2026 earnings and revenue estimates despite lower yearly sales.

Badger Meter beats Q2 2026 earnings and revenue estimates despite lower yearly sales.

Badger Meter reported Q2 2026 earnings per share of $1.02 and revenue of $222.32 million, both slightly above analyst expectations. Although revenue declined 7% year-over-year, the company saw a 9% sequential increase in base sales due to new advance...

Company Fundamentals
Bullish
55 minutes ago
Robotic endoscopy devices market to grow at 10% CAGR, reaching $6.5B by 2034 driven by tech advances and rising GI disorders.

Robotic endoscopy devices market to grow at 10% CAGR, reaching $6.5B by 2034 driven by tech advances and rising GI disorders.

The global robotic endoscopy devices market is projected to grow at a compound annual growth rate (CAGR) of about 10% from 2026 to 2034, reaching an estimated value of $6.5 billion by 2034. This growth is fueled by increasing demand for minimally inv...

Market News
Bullish
56 minutes ago
The Sterling unveils luxury cocktail lounge concept with investor event in Orlando on Aug 1, 2026.

The Sterling unveils luxury cocktail lounge concept with investor event in Orlando on Aug 1, 2026.

The Sterling, a new luxury cocktail lounge inspired by 1920s elegance, is launching an exclusive investor event on August 1, 2026, in Orlando's Lake Nona. Created by award-winning Hollywood editor Sam Mordenga, the concept blends architecture, live e...

Others
Neutral
57 minutes ago
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