13 hours ago
Ostium perpetuals DEX suffers $18 million oracle exploit – Link
Ostium, an Arbitrum-based perpetuals exchange, lost about $18 million on July 15 after hackers compromised an oracle signer key and submitted falsified future-dated price data to create fake trading profits.
Matters because: The exploit reinforces how oracle security remains a key weak point for leveraged DeFi protocols.
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〽️ Crypto Pulse 👉 @degendaoinfo #crypto
Ostium, an Arbitrum-based perpetuals exchange, lost about $18 million on July 15 after hackers compromised an oracle signer key and submitted falsified future-dated price data to create fake trading profits.
Matters because: The exploit reinforces how oracle security remains a key weak point for leveraged DeFi protocols.
_
〽️ Crypto Pulse 👉 @degendaoinfo #crypto
