DeFi Protocol Ostium Loses $18M in Oracle Manipulation Attack

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Decentralized finance protocol Ostium suffered an $18 million exploit when a hacker manipulated its price-reporting infrastructure. The attacker submitted falsified future-dated oracle data to the platform, artificially creating the appearance of profitable trades. This tricked the protocol into paying out $18 million in fraudulent gains. The incident is part of a continuing wave of oracle-based attacks targeting DeFi protocols.

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