Ostium loses at least $24 million to oracle exploit

Decentralized perpetual futures exchange Ostium was drained of at least $24 million after an attacker manipulated its oracle system — a system that pulls in off-chain price data. After the attacker apparently gained access to the private key used to sign oracle messages, they were able to submit future-dated oracle reports that tricked the system into thinking trades were profitable.The attacker siphoned at least $24 million USDC from the protocol, which they quickly swapped into ETH and laundered via Tornado Cash. "Another DeFi Exploit: Perp DEX Ostium Loses $18 Million in Oracle Attack" , Decrypt Tweet by PeckShieldAlert