Ostium Updates on Attack Incident, $23,752,746 USDC in Liquidity Funds Lost
By: x.com|2026/07/19 05:18:06
0
Share
Prefer us on Google
Ostium released an update on the attack incident on July 19, revealing that its liquidity provider fund was attacked on July 15, resulting in a loss of 23,752,746 USDC. Preliminary investigations indicate that the attackers compromised the off-chain infrastructure providing price data, submitting disguised fraudulent price reports to extract profits from the fund through rapid opening and closing of multiple large positions. Ostium stated that the collateral of traders is stored in independently isolated smart contracts and was not affected by this incident, with all trading positions remaining open. The team paused trading and froze all trading contracts within 60 minutes of the first attack transaction. Currently, Ostium is collaborating with multiple institutions to advance the investigation and is focused on repairing the relevant infrastructure to support a secure resumption of trading. Ostium will notify at least 24 hours in advance before unfreezing the trading contracts, and existing positions will be marked at the price at the time of reopening, unaffected by price fluctuations during the pause. Addressing the affected liquidity providers and ensuring a secure resumption of trading remains a top priority.
-- Price
--
--
--
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like
Zcash Ironwood Upgrade Addresses Fake ZEC Risk, Aiming for 50,000 Transactions Per Second
Amazon Device Price Increase: Echo Dot Costs 60% More
El-Erian: Rising Long-Term Interest Rates Due to Bond Supply Issues
There is a diagnosis that the rise in long-term interest rates in the U.S. should not be interpreted solely as a test of the Federal Reserve (Fed). The key issue is the simultaneous increase in bond supply from both the government and the private sector.
Super League Raises $2.3 Million Through Market Price Stock Issuance
Super League ($SLE) has raised $2.3 million (approximately 3.2 billion KRW) through an At-the-Market (ATM) stock issuance. This follows Metaplanet's establishment of a U.S. Bitcoin financial subsidiary.
Orphan Block Occurs at Bitcoin Block 963,853
General Motors Expands Investigation into Brake System Defect Affecting 1.16 Million Vehicles
The investigation by U.S. safety authorities into allegations of defects in General Motors' (GM) electronic brake system has expanded to include over 1.16 million vehicles. The Cadillac Lyriq and Chevrolet Blazer EV...
Morpho Introduces Variable Income Connection Feature for Fixed Rate Waiting Funds
Shift in AI Investment Sentiment: Transitioning to Cash Flow Validation
AI investment sentiment is shifting from a phase rewarding capital expenditure expansion to one scrutinizing cash flow consumption.
Morgan Asset Management: September Investment-Grade Bond Issuance May Reach $250 Billion
SK Hynix and SanDisk Unveil 512GB High Bandwidth Flash Standard
SK Hynix and SanDisk have introduced the first standard for High Bandwidth Flash (HBF) targeting memory bottlenecks in AI inference infrastructure, with a maximum capacity of 512GB.
CME Adds Four Ethena Price Indicators to Data Feed
The Chicago Mercantile Exchange Group (CME Group) is adding four Ethena (ENA) price indicators to its institutional crypto price data feed. This move does not indicate the listing of ENA futures or the introduction of contract settlement standards.
Fu Peng: The Market Shifts from Rewarding Cash-Burning Expansion to Punishing Capital Consumption
Suspected Data Breach at BitcoinIRA and iTrustCapital Not Publicly Disclosed
69% of Russians Do Not Understand the Use of Cryptocurrencies
The use of cryptocurrencies, even after potential legalization, remains unclear to 69% of surveyed Russians: they do not see where and why they could apply such tools in everyday life or finance.
6GW Nuclear Power Supply Agreement: Non-Binding Framework with Nano Nuclear and Tillman
Nano Nuclear Energy (NANO Nuclear Energy·$NNE) has entered into a non-binding commercial framework with Tillman affiliates to explore a power supply plan for micro-reactors exceeding 6GW in the U.S. AI industrial zone.
Taxes: Who Gained and Who Lost from the Changes Implemented by Javier Milei
The government "returned to the private sector" the equivalent of 3 points of GDP, as stated by the President. However, some sectors received more while others lost.
Ukraine to Introduce Automatic Gambling Restrictions for Military Personnel
Drohobych Salt Plant Up for Privatization Again
Allegations of FOMO App Hacking Spark Controversy Over 662 SOL Transfer Records
Claims have emerged that funds from Solana (SOL) wallets have been withdrawn after an iOS app update for the cryptocurrency trading app FOMO, leading to controversy over the cause of the 662 SOL transfer records.
Iranian Rial Falls Below 2 Million, Warns of Retaliation Against Supporters of Sanctions
The Iranian rial has dropped to around 2.02 million rials per dollar in the unofficial market. The anticipated additional U.S. sanctions against Iran and the control issues in the Strait of Hormuz are simultaneously increasing pressure on the Iranian economy.
Ledger Claims Ethereum App Flaw Has Been Fixed
U.S. Chicago National Activity Index for July at -0.08, Below Long-Term Average
Roche and Eli Lilly Obtain FDA Authorization for Alzheimer’s Blood Test
The FDA has authorized Elecsys pTau217, a blood test developed by Roche in collaboration with Eli Lilly to help assess indications of Alzheimer’s disease in individuals aged 55 and older who show signs, symptoms, or complaints of cognitive decline. The test can be used on analyzers installed in the ...
MSTR Capital Increase: Strategy Raises $2.01 Billion but Bitcoin Remains Steady
Russia claims that three people, including two children, died in a drone attack in Krasnodar
Russian authorities reported the death of three people, including two children, in Krasnodar following a drone attack that also caused damage to civilian facilities and Ozon warehouses. Ukraine claimed to have hit dozens of Russian targets, while several Ukrainian regions experienced power outages a...
Trump claims hospitals are reversing gender surgeries, but the facts tell a different story
Donald Trump's statement about alleged "reverse surgeries" ordered at hospitals contrasts with funding policies, legal agreements, clinical evidence, and injunctions issued by federal judges.
Trump defends his political endorsements despite ten defeats in Republican primaries
Donald Trump claimed his political endorsements are "stronger than ever" and presented a success rate of 97%, even though ten candidates he backed lost Republican primaries this year.
New Mexico to Maintain State Coverage for Gender Affirmation Care for Minors
New Mexico will continue to provide gender affirmation care for minors with state resources when the federal cuts to Medicaid and CHIP take effect, a decision that reinforces its role as a healthcare refuge in the southwestern United States.
Norway to Continue Oil and Gas Production in the Arctic, Ignoring EU Position
Transparency Act: Bernstein Anticipates New Decline in Crypto Market Due to Delay in Legislation
The Transparency Act remains the main regulatory event for the U.S. crypto industry: Bernstein believes that if the law does not pass by 2026, the digital asset market could face another blow, although American regulators, according to the broker, will try to close the gaps with rules more quickly.
Zcash Ironwood Upgrade Addresses Fake ZEC Risk, Aiming for 50,000 Transactions Per Second
Amazon Device Price Increase: Echo Dot Costs 60% More
El-Erian: Rising Long-Term Interest Rates Due to Bond Supply Issues
There is a diagnosis that the rise in long-term interest rates in the U.S. should not be interpreted solely as a test of the Federal Reserve (Fed). The key issue is the simultaneous increase in bond supply from both the government and the private sector.
Super League Raises $2.3 Million Through Market Price Stock Issuance
Super League ($SLE) has raised $2.3 million (approximately 3.2 billion KRW) through an At-the-Market (ATM) stock issuance. This follows Metaplanet's establishment of a U.S. Bitcoin financial subsidiary.
Orphan Block Occurs at Bitcoin Block 963,853
General Motors Expands Investigation into Brake System Defect Affecting 1.16 Million Vehicles
The investigation by U.S. safety authorities into allegations of defects in General Motors' (GM) electronic brake system has expanded to include over 1.16 million vehicles. The Cadillac Lyriq and Chevrolet Blazer EV...
...
Contents
Latest articles
08/24/2026
Latest coin listings on WEEX
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com
