Wednesday, 02 Sep, 2026

Ostium Trading Suspended Following $18.4 Million Oracle-Based Exploit

The decentralized finance (DeFi) ecosystem is once again grappling with the fragile nature of off-chain infrastructure after Ostium, a prominent perpetuals exchange built on the Arbitrum network, was forced to halt all trading activities. The suspension follows a sophisticated exploit that drained approximately $18.4 million from the platform. Unlike many recent high-profile DeFi hacks that […]