TON Ventures-Backed TAC Token Crashes 90% in Minutes, Exposing Binance Listing Perils
The crypto market witnessed another stark reminder of exchange-listed token fragility on Tuesday, as TAC — a project backed by TON Ventures and Hack VC — plummeted more than 90% in a 15-minute window, landing near $0.0063. The flash crash, detailed in a market update from WuBlockchain, wiped out the majority of the token’s value after its first year of trading on Binance Alpha and Binance Futures.