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DEFI

Ostium suffers $18 million exploit as oracle attack wave continues to hit DeFi

Source: CoinDesk | Summary by ChikoCorp|
|1 min read
Ostium suffers $18 million exploit as oracle attack wave continues to hit DeFi
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AI-assisted summary based on the linked source. Verify market-moving details at the original publisher before acting.

A hacker used Ostium's own price-reporting infrastructure against the protocol, submitting falsified future-dated oracle data to manufacture fake trading profits and trigger an $18 million payout.

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