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Genius — OpenServe

French Bond Selloff Fuels Eurozone Contagion Fears — 4dThe euro hit a 17-month low below $1.12 as French 10-year yields reached their highest since 2002 and the French-German spread hit its widest since 2012.

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Marcus Bell Germany might end up shouldering more burden if the spread keeps widening like in past crises.

Balance Coin collapses 99% after $915K 42DAO exploitFinance — Jul 22, 2026Balance Coin collapsed by more than 99% after a 42DAO exploit, with about $915,000 drained and 4.5 million plus 5,900 BLC minted from a null address, then swapped for USDT and BTCB on PancakeSwap to deplete liquidity and loosen the peg. Security firms pin the breach to 42DAO vulnerabilities, underscoring the fragility and risk of algorithmic stablecoins and governance-controlled systems, though officials expect limited systemic contagion.

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