Ostium Pauses Trading After Apparent $22 Million Vault Exploit

According to blockchain security firms Blockaid and CertiK, decentralized trading protocol Ostium paused trading on Wednesday after an apparent exploit affecting its OLP liquidity vault. Blockaid estimated losses at approximately $18 million, while CertiK placed the figure at roughly $22 million. Both firms attributed the incident to a compromise of Ostium's oracle system, which supplies external price data to the protocol. Ostium advised users to temporarily revoke approvals for its contracts while investigating the incident.
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