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ostium
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Ostium was exploited for $23.75M, and the stolen funds were quickly laundered. #Ostium suffered an exploit that resulted in the theft of 23.75 million USDC.
The attacker immediately swapped the entire 23.75M USDC for 12,084 ETH at an average price of around $1,966 per ETH.
Most of the ETH was then sent through Tornado Cash, a privacy protocol often used to obscure the flow of funds after exploits.
Attacker Address : arkm.com/explorer/entity/456a2624-9f5f-40da-a124-9552894443ed
The attacker immediately swapped the entire 23.75M USDC for 12,084 ETH at an average price of around $1,966 per ETH.
Most of the ETH was then sent through Tornado Cash, a privacy protocol often used to obscure the flow of funds after exploits.
Attacker Address : arkm.com/explorer/entity/456a2624-9f5f-40da-a124-9552894443ed
AngelOfCrypto_-:
nice
$OSTIUM TREASURY COMPROMISED – ALL TRADING HALTED 🚨
The OLP Treasury exploit has forced Ostium to suspend all operations. Estimated $18M lost — roughly 35% of the $34M pool. This is a structural breach, not a simple liquidation event. The team is investigating, but the protocol's core collateral has been significantly drained.
Are you still holding positions on Ostium, or did you exit before the halt?
Not financial advice. Always manage your risk.
#OSTIUM #SecurityAlert #DeFiHack #CryptoNews
🚨
The OLP Treasury exploit has forced Ostium to suspend all operations. Estimated $18M lost — roughly 35% of the $34M pool. This is a structural breach, not a simple liquidation event. The team is investigating, but the protocol's core collateral has been significantly drained.
Are you still holding positions on Ostium, or did you exit before the halt?
Not financial advice. Always manage your risk.
#OSTIUM #SecurityAlert #DeFiHack #CryptoNews
🚨
⚡ Security exploitation in the vault of the #Ostium platform on the Arbitrum network
📊 The Ostium platform vault on the #Arbitrum network was exposed to a security exploit, where the attacker, PriceUpKeep Forwarder, was pre-registered, along with oracle reports that were authorized and dated with future dates.
💸 This exploitation led to the creation of fake trading profits, resulting in the withdrawal of about $18 million in USDC from the vault.
🚨 This exploit highlights the weakness of security in some digital platforms and the need to strengthen security measures to protect customers.
📊 The Ostium platform vault on the #Arbitrum network was exposed to a security exploit, where the attacker, PriceUpKeep Forwarder, was pre-registered, along with oracle reports that were authorized and dated with future dates.
💸 This exploitation led to the creation of fake trading profits, resulting in the withdrawal of about $18 million in USDC from the vault.
🚨 This exploit highlights the weakness of security in some digital platforms and the need to strengthen security measures to protect customers.
Ostium suspends trading after oracle exploit causes $18–22 million in damages
- Ostium has paused trading and advised users to revoke contract approvals after blockchain security firms reported an oracle exploit involving the OLP liquidity pool.
- Estimated losses range from $18 million to $22 million.
- The incident highlights the risks posed by oracles in DeFi.
#Ostium #OracleExploit #DeFi #CryptoNews #Security
$btc $eth
vlikevn Titanbot
Source: CoinTelegraph
- Ostium has paused trading and advised users to revoke contract approvals after blockchain security firms reported an oracle exploit involving the OLP liquidity pool.
- Estimated losses range from $18 million to $22 million.
- The incident highlights the risks posed by oracles in DeFi.
#Ostium #OracleExploit #DeFi #CryptoNews #Security
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vlikevn Titanbot
Source: CoinTelegraph
#Ostium Suspending Trading After an Exploit Worth $18 Million – Here’s Why DeFi Security Is Back in the Spotlight
Ostium has halted trading after an attacker drained around $18 million in USDC from its OLP vault on Arbitrum.
Security researchers say the attack involved a manipulated oracle report to generate fake trading profits.
The stolen funds were converted into Ethereum and distributed across various wallets.
Ostium’s on-chain perpetual exchange has suspended trading after suffering an attack that drained around $18 million in USDC from its OLP vault on network #Arbitrum
Security firm #blockchain Blockaid identified the attack and said the attacker used a combination of a registered PriceUpKeep forwarder and an official oracle report dated in the future to generate fake trading profits before triggering large payouts from the protocol vault.
#FootballSeason2026
#BlackRockDigitalAssetAUMFalls39%
$ARB
Ostium has halted trading after an attacker drained around $18 million in USDC from its OLP vault on Arbitrum.
Security researchers say the attack involved a manipulated oracle report to generate fake trading profits.
The stolen funds were converted into Ethereum and distributed across various wallets.
Ostium’s on-chain perpetual exchange has suspended trading after suffering an attack that drained around $18 million in USDC from its OLP vault on network #Arbitrum
Security firm #blockchain Blockaid identified the attack and said the attacker used a combination of a registered PriceUpKeep forwarder and an official oracle report dated in the future to generate fake trading profits before triggering large payouts from the protocol vault.
#FootballSeason2026
#BlackRockDigitalAssetAUMFalls39%
$ARB
$ETH LIQUIDITY EVENT – OSTIUM EXPLOIT EXPOSES SMART CONTRACT RISK 🔥
No specific entry, target, or stop loss provided in the input. Trade signal omitted.
Perp DEX Ostium got hit for 24M USDC, now sitting as 12,100 ETH — with 10,500 ETH already mixed through Tornado Cash. User positions are frozen, collateral locked, and the team is still coordinating with SEAL 911 and researchers. This isn't a flash crash or a liquidation cascade — it's a smart contract freeze that leaves bag holders unable to adjust.
If you've got any open positions on lesser-known protocols, now's the time to review their upgrade keys and pause functions. How do you vet the security of the DEXs you trade on?
Not financial advice. Always manage your risk.
#ETH #Security #DeFi #CryptoScam #Ostium
🔥
No specific entry, target, or stop loss provided in the input. Trade signal omitted.
Perp DEX Ostium got hit for 24M USDC, now sitting as 12,100 ETH — with 10,500 ETH already mixed through Tornado Cash. User positions are frozen, collateral locked, and the team is still coordinating with SEAL 911 and researchers. This isn't a flash crash or a liquidation cascade — it's a smart contract freeze that leaves bag holders unable to adjust.
If you've got any open positions on lesser-known protocols, now's the time to review their upgrade keys and pause functions. How do you vet the security of the DEXs you trade on?
Not financial advice. Always manage your risk.
#ETH #Security #DeFi #CryptoScam #Ostium
🔥
Ostium (RWA perps, Arbitrum) drain $18M. Vector: forwarder contract + future-dated oracle price manipulation.
Audit caught bug beforehand. Protocol shipped anyway, unpatched. Exploiter walked through open door.
RWA perps sector young, growing fast on-chain, TVL climbing. This proves security posture lag behind hype. Audit report existing != protection existing. Code deployed matters, not paperwork.
Lesson for anyone farming/trading RWA perps: audit PDF on website means nothing if fixes not shipped. Check deployed contract vs audit recommendations before parking size.
#RWA #Ostium #Arbitrum #DeFiSecurity #CryptoExploit
Audit caught bug beforehand. Protocol shipped anyway, unpatched. Exploiter walked through open door.
RWA perps sector young, growing fast on-chain, TVL climbing. This proves security posture lag behind hype. Audit report existing != protection existing. Code deployed matters, not paperwork.
Lesson for anyone farming/trading RWA perps: audit PDF on website means nothing if fixes not shipped. Check deployed contract vs audit recommendations before parking size.
#RWA #Ostium #Arbitrum #DeFiSecurity #CryptoExploit
Did $18 million vanish overnight? Is Ostium really in deep trouble this time? 😱
🚨 DeFi is in trouble again!
The Arbitrum ecosystem derivatives protocol Ostium has been hit by an oracle (Oracle) vulnerability attack. It has now completely paused trading, with preliminary estimates of losses reaching up to $18 million.
What exactly happened? 🤔
According to an investigation by on-chain security firm Blockaid, the attacker used oracle data with a “future timestamp” to forge trading profits, successfully bypassing the system’s settlement. They then withdrew a large amount of USDC from the liquidity pool.
In simple terms, the system “believed fake price data,” and ultimately mistakenly paid the attacker.
💸 At present, the official statement says that all users’ positions remain intact, but users are temporarily unable to add, reduce, or close positions. Margin has also been frozen within the smart contract. The team is still investigating the cause of the incident and is working on a plan for next steps.
It’s worth noting that the official has not yet confirmed whether the oracle’s signing key was stolen or whether there is a vulnerability in the underlying infrastructure. Everything is still under investigation.
📌 This incident once again serves as a reminder: sometimes the biggest risk in DeFi is not market upswings or downswings, but the security of the protocol itself. For protocols that rely on oracle-provided data, if the price information is manipulated, it can lead to massive losses.
Going forward, the most important things to watch are whether the official will publish a compensation plan and when trading will resume—both will directly affect the market’s confidence in Ostium.
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#加密货币 #defi #链上安全事件 #黑客攻击 #Ostium
🚨 DeFi is in trouble again!
The Arbitrum ecosystem derivatives protocol Ostium has been hit by an oracle (Oracle) vulnerability attack. It has now completely paused trading, with preliminary estimates of losses reaching up to $18 million.
What exactly happened? 🤔
According to an investigation by on-chain security firm Blockaid, the attacker used oracle data with a “future timestamp” to forge trading profits, successfully bypassing the system’s settlement. They then withdrew a large amount of USDC from the liquidity pool.
In simple terms, the system “believed fake price data,” and ultimately mistakenly paid the attacker.
💸 At present, the official statement says that all users’ positions remain intact, but users are temporarily unable to add, reduce, or close positions. Margin has also been frozen within the smart contract. The team is still investigating the cause of the incident and is working on a plan for next steps.
It’s worth noting that the official has not yet confirmed whether the oracle’s signing key was stolen or whether there is a vulnerability in the underlying infrastructure. Everything is still under investigation.
📌 This incident once again serves as a reminder: sometimes the biggest risk in DeFi is not market upswings or downswings, but the security of the protocol itself. For protocols that rely on oracle-provided data, if the price information is manipulated, it can lead to massive losses.
Going forward, the most important things to watch are whether the official will publish a compensation plan and when trading will resume—both will directly affect the market’s confidence in Ostium.
Click my avatar to follow me 👀
Every day, I’ll be the first to help you understand crypto market hotspots, institutional updates, global regulation, and market sentiment—using the simplest way to read the charts! 🚀
#加密货币 #defi #链上安全事件 #黑客攻击 #Ostium
18 to 22 million USD evaporate just after an oracle attack – Ostium is forced to pause all trading, and the DeFi community is once again on edge.
The weakness lies in how their Oracle integrates data: no cross-checking, no time-delay mechanism. The attacker can easily manipulate the input to drain the Liquidity Pool OLP. Immediately afterward, Ostium partnered with PeckShield and SlowMist, and at the same time urged users to revoke contract approvals right away—an indication of how serious the incident is.
This isn’t just a simple loss of funds. It deals a heavy blow to trust in new DeFi projects, especially those using centralized or single-source oracles. Whales and smart money will be even more cautious, potentially shifting liquidity to centralized exchanges or stablecoins in the short term.
My perspective: Painful, but not surprising. Security in DeFi is a process, not a static state. Anyone running DeFi protocols should spend 5 minutes checking allowances on Revoke.cash—don’t wait until it’s too late to panic.
DYOR and risk management come first.
#DeFi #BảoMật #Oracle #Ostium #CryptoNews
The weakness lies in how their Oracle integrates data: no cross-checking, no time-delay mechanism. The attacker can easily manipulate the input to drain the Liquidity Pool OLP. Immediately afterward, Ostium partnered with PeckShield and SlowMist, and at the same time urged users to revoke contract approvals right away—an indication of how serious the incident is.
This isn’t just a simple loss of funds. It deals a heavy blow to trust in new DeFi projects, especially those using centralized or single-source oracles. Whales and smart money will be even more cautious, potentially shifting liquidity to centralized exchanges or stablecoins in the short term.
My perspective: Painful, but not surprising. Security in DeFi is a process, not a static state. Anyone running DeFi protocols should spend 5 minutes checking allowances on Revoke.cash—don’t wait until it’s too late to panic.
DYOR and risk management come first.
#DeFi #BảoMật #Oracle #Ostium #CryptoNews
18 million USDC vanished from Ostium with just a single click using forged oracle data. The attacker exploited the PriceUpKeep component in the protocol’s automation system, sending price reports with timestamps in the future to turn a losing order into a profit—triggering an 18 million payment from the vault. The incident occurred on Arbitrum, following last week’s 6 million USD withdrawal from Summer.fi.
Both cases exploited the same vulnerability: privileged access over the oracle infrastructure and the keeper. When an attacker gains control of these roles, they can distort price data and the timing pushed onchain—no matter how secure the smart contracts are.
Ostium has handled more than $50 billion in volume and raised nearly 28 million from major funds. An attack like this shows DeFi still has blind spots in the automation layer. If you’re trading perps on custom oracle protocols, always check the keeper protection and redundancy mechanisms across multiple sources. Infrastructure risk can sometimes be even bigger than price volatility.
DYOR—there’s nothing “too big to fail” in crypto.
#Bảomật #DeFi #Layer2 #Ostium #OracleAttack
Both cases exploited the same vulnerability: privileged access over the oracle infrastructure and the keeper. When an attacker gains control of these roles, they can distort price data and the timing pushed onchain—no matter how secure the smart contracts are.
Ostium has handled more than $50 billion in volume and raised nearly 28 million from major funds. An attack like this shows DeFi still has blind spots in the automation layer. If you’re trading perps on custom oracle protocols, always check the keeper protection and redundancy mechanisms across multiple sources. Infrastructure risk can sometimes be even bigger than price volatility.
DYOR—there’s nothing “too big to fail” in crypto.
#Bảomật #DeFi #Layer2 #Ostium #OracleAttack
Ostium loses $18 million USD in the Oracle attack wave targeting DeFi
- A hacker exploited Ostium’s own quotation infrastructure to attack the protocol.
- The attacker sent forged oracle data about the future, generating profits from fake transactions and withdrawing $18 million.
- This is part of an oracle attack wave targeting DeFi platforms.
#DeFi #Ostium #OracleAttack #CryptoNews #Security
$btc $eth
vlikevn Titanbot
Source: CoinDesk
- A hacker exploited Ostium’s own quotation infrastructure to attack the protocol.
- The attacker sent forged oracle data about the future, generating profits from fake transactions and withdrawing $18 million.
- This is part of an oracle attack wave targeting DeFi platforms.
#DeFi #Ostium #OracleAttack #CryptoNews #Security
$btc $eth
vlikevn Titanbot
Source: CoinDesk
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