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Morning Edition · Monday, August 10, 2026Published at 1:51 AM EDT · New York
Ostium Lost $23.75 Million Through a Price Forwarder It Had Placed Outside Its Own Bug Bounty Scope
The attacker fed the vault a fake $60,000 bitcoin quote, and 10,540 of the 12,084 ether in proceeds entered Tornado Cash before the day ended.
Ostium, a perpetual futures venue on Arbitrum, lost $23.75 million on 15 July 2026 to price manipulation delivered through its own authorized infrastructure. The protocol runs a pull oracle, meaning prices are written on-chain only when a t…
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