An apparent $18 million exploit at an Arbitrum-based vault tied to RWA perpetuals protocol Ostium is drawing fresh attention to DeFi’s lingering oracle and execution risks, even as institutional crypto adoption and regulatory efforts continue to accelerate across major markets.
Security firm Blockaid flagged “suspicious exploit activity” involving an Ostium vault on Wednesday UTC, according to reports circulated by Wu Blockchain. Blockaid said the attacker appears to have leveraged a registered ‘PriceUpkeep’ forwarder and an oracle report that had been approved for a future timestamp,… Read more
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