Buy Crypto
Pay with
USD
USD
Buy & Sell
Hot
Supports Visa, Mastercard, SEPA & more
P2P
0 Fees
Flexible trading, zero fees
Gate Card
Use your crypto for payments worldwide
Markets
Trade
Basic
Advanced
Futures
Futures
Access hundreds of perpetual contracts
CFD
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Stocks
CFD
Stock CFD Derivatives
US Stocks
Access real US stocks and ETFs
HK Stocks
Trade quality Hong Kong-listed stocks
Korean Stocks
SK Hynix
Real Korean stocks and top assets
Stock Futures
High leverage, 24/7 trading
Tokenized Stocks
Backed by real stock assets
IPO Access
Unlock full access to global stock IPOs
GUSD
3.8%
Mint GUSD for Treasury RWA yields
Stocks Activities
Trade Popular Stocks and Unlock Generous Airdrops
Earn
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
tag
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Investment
Square
Square
Post, share, and explore crypto trends
Live
moments live
Live crypto market analysis
Chat
Chat with crypto traders
News
What is happening in crypto
flower_head
More
Promotions
AI
Others
TradFi（新）
GUSD（纯图）
Rewards
Square
Latest
Hot
News
Profile

Ostium issues an update on the attack incident: price data was targeted; traders’ collateral and positions were not affected

MarsBitNews
robot
Abstract generation in progress
Mars Finance news: Ostium published an update on the attack incident. Its liquidity provider vault was attacked on July 15, resulting in a loss of 23,752,746 USDC. Initial investigation indicates that the attacker compromised the off-chain infrastructure that provides price data to the protocol and submitted disguised illegal price reports, extracting fabricated profits from the vault through rapid opening and closing of multiple large positions. Ostium stated that traders’ collateral is stored in separately isolated smart contracts and was not affected by this incident; all trading positions remain open. The team paused trading and froze all trading contracts within 60 minutes after the first attack transaction occurred. Ostium is currently working with Mandiant, zeroShadow, Collisionless, SEAL 911, and law enforcement, coordinating with trading platforms, bridge contracts, and stablecoin issuers to advance the investigation. The engineering team is focusing on repairing and strengthening the relevant infrastructure to support a secure resumption of trading. Ostium said it will provide at least 24 hours’ advance notice before unfreezing the trading contracts. After trading resumes, existing positions will be marked to the prices at the time of reopening and will not be affected by price fluctuations during the pause. The affected liquidity providers and the secure restoration of trading remain the top priorities.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments

  • Pinned

Sitemap