42DAO Oracle Exploit Crashes Balance Coin (BLC) 99% After $912K DeFi Hack

One flaw in the price-setting mechanism of 42DAO led to one of the most recent disruptions in the decentralized finance ecosystem this year. Hackers took advantage of the vulnerabilities in the oracle design of the protocol. This resulted in the theft of about $912,000 and dropping Balance Coin (BLC) by