Ostium Halts Trading After $18M Oracle Key Breach

Ostium Halts Trading After $18M Oracle Key Breach Arbitrum-based perpetuals exchange Ostium has suspended trading after an $18.4 million exploit tied to a compromised off-chain oracle key, highlighting again how vulnerable trading venues can be when price infrastructure fails. The attack did not appear to stem from a direct breach of Ostium’s smart contract code.… Continue reading Ostium Halts Trading After $18M Oracle Key Breach

After $234M Hack, WazirX Gets Court Approval For Major Rebuild

Singapore’s High Court has given the green light to a restructuring plan for crypto exchange WazirX, clearing a major obstacle in the company’s effort to repay users after last year’s large theft. According to reports, the court’s approval on October 13 allows the exchange to move ahead with a court-supervised recovery process tied to the… Continue reading After $234M Hack, WazirX Gets Court Approval For Major Rebuild

Against The Tide: SEI Climbs 16% As Market Wobbles Post Bybit Hack

The cryptocurrency token SEI has actually stood out as a noteworthy example of market endurance, which was further confirmed by this token posting a solid 16% within the previous week. Obviously, the token’s performance came on the back of a gloomy mood in the cryptocurrency markets after the Bybit security breach and what came thereafter… Continue reading Against The Tide: SEI Climbs 16% As Market Wobbles Post Bybit Hack