Hackers steal $23.7 million in crypto from Ostium in off-chain attack

Hackers exploited compromised off-chain infrastructure used by the Ostium decentralized trading platform to manipulate price feeds, resulting in the theft of $23.75 million in cryptocurrency from its liquidity provider vault. The attack did not affect trader collateral or existing leveraged positions, which remain frozen. Ostium, built on Arbitrum, paused trading within 60 minutes of the incident and is working on remediation while promising a future post-mortem analysis.

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