🚨 $COTI , $RE – THE $23.7M EXPLOIT THAT JUST REWROTE THE RULEBOOK 💥
💡 A forged BTC price fed through off‑chain rails drained the vault in under six minutes. The attacker flashed prices of $5,000 and $60,000 to print artificial profits – straight into the liquidity pool. No smart‑contract bug, no DeFi code flaw. Just a backdoor in the infrastructure layer that got exploited in real time.
🔍 The rapid full migration and trading restart show the devs had the kill switch ready. Some call that a strength, others say it’s a bandaid on a fractured system. The real question is whether trust in off‑chain oracles and vault models just took a permanent dent. 💬 If you were holding a position on Ostium right now, would you hold or exit into the migration? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #COTI #RE #Ostium #DeFi #Exploit
🔥 💎
💡 A forged BTC price fed through off‑chain rails drained the vault in under six minutes. The attacker flashed prices of $5,000 and $60,000 to print artificial profits – straight into the liquidity pool. No smart‑contract bug, no DeFi code flaw. Just a backdoor in the infrastructure layer that got exploited in real time.
🔍 The rapid full migration and trading restart show the devs had the kill switch ready. Some call that a strength, others say it’s a bandaid on a fractured system. The real question is whether trust in off‑chain oracles and vault models just took a permanent dent. 💬 If you were holding a position on Ostium right now, would you hold or exit into the migration? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #COTI #RE #Ostium #DeFi #Exploit
🔥 💎