Tag: vault
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Ostium Confirms $23.75 Million USDC Loss from Liquidity Vault Following Sophisticated Off-Chain Infrastructure Compromise
Ostium, a prominent decentralized finance (DeFi) protocol specializing in perpetual contracts, has officially confirmed a significant security breach that resulted in the draining of 23,752,746 USDC from its liquidity-provider (LP) vault on July 15, 2026. The Arbitrum-based platform revealed that the sophisticated attack exploited a vulnerability in its off-chain pricing infrastructure, allowing an attacker to…
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