Ostium: Platform trading is still suspended, and user margin remains frozen

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ME News message, July 16 (UTC+8), Ostium posted on X saying that platform trading is still paused after the security incident, user positions remain open but users are temporarily unable to make changes. Trading collateral is still held in a frozen trading smart contract, with no movement. Over the past 14 hours, the team has been continuously coordinating with relevant authorities, SEAL 911, and multiple security researchers. Multiple teams are working around the clock to track the movement of funds and support the investigation. The team will continue to provide the latest updates on smart contract recovery and funds recovery. Earlier, it was reported that Ostium’s public OLP vault was stolen of about 24 million USDC. (Source: PANews)
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