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Ostium Vault Suffers $18 Million Exploit on Arbitrum via Oracle Attack

12d ago
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  • Blockaid detected an Ostium exploit involving future-dated oracle price reports.
  • The attacker used Ostium’s PriceUpKeep forwarder to trigger artificial trading profits.
  • Approximately $18 million USDC was drained from the protocol’s liquidity vault.

Ostium, a decentralized perpetual exchange on Arbitrum, experienced a major security breach that resulted in the loss of approximately $18 million USDC. Blockchain security firm Blockaid flagged the incident on 15 July 2026, stating that a registered component of Ostium’s price-feed automation system was exploited.

According to Block…

Read The Full Article Ostium Vault Suffers $18 Million Exploit on Arbitrum via Oracle Attack On Coin Edition.

12d ago
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0

bearish:

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