Hackers steal $18 million from Ostium DEX via oracle attack

Hackers compromised an oracle signer key on Ostium, an Arbitrum-based perpetuals DEX, enabling them to manipulate the platform's price feed. This allowed them to drain approximately $18 million from the exchange. The incident is the latest in a series of major DeFi exploits targeting decentralised derivatives platforms.

More on this topic

🪙 Crypto Hackers drain $24M from AFX Trade on Arbitrum; platform offers 30% bounty for return Decrypt · 2d ago 🪙 Crypto Hackers steal $18 million from DeFi protocol Ostium via oracle attack CoinDesk · 10d ago 🪙 Crypto Second Verus-Ethereum bridge exploit in two months drains $7.54 million The Block · 2d ago

More on this topic

🪙 Crypto Hackers drain $24M from AFX Trade on Arbitrum; platform offers 30% bounty for return Decrypt · 2d ago 🪙 Crypto Hackers steal $18 million from DeFi protocol Ostium via oracle attack CoinDesk · 10d ago 🪙 Crypto Second Verus-Ethereum bridge exploit in two months drains $7.54 million The Block · 2d ago