Hackers manipulated Ostium's price feed by compromising an oracle signer key, allowing them to drain roughly $18 million from the Arbitrum-based perpetuals exchange.

Why This DeFi News Matters

Decentralised Finance (DeFi) is reshaping how people lend, borrow, and earn yield without traditional intermediaries. This news may affect total value locked (TVL), protocol governance, or yield strategies across major platforms.

This is for informational purposes only — not financial advice. Always do your own research (DYOR) before making any investment decisions.

This is a summary. Read the complete story on the original source:

Read Full Article on Decrypt