Ostium suffers $18 million exploit as oracle attack wave continues to hit DeFi

A hacker used Ostium's own price-reporting infrastructure against the protocol, submitting falsified future-dated oracle data to manufacture fake trading profits and trigger an $18 million payout.

• An attacker exploited a registered component of Ostium's price-feed automation system, submitting oracle reports with manipulated future timestamps to make losing trades appear profitable — triggering an $18 million USDC payout from the protocol's vault.
• The attack follows a string of similar keeper and oracle exploits in DeFi, including a $6 million drain from Summer.fi last week, highlighting persistent vulnerabilities in the automated infrastructure protocols rely on to bring real-world price data onchain.
• Ostium, a perpetuals exchange on Arbitrum focused on real-world assets like gold, forex, and equity indices, had raised $27.8 million in funding and processed over $50 billion in trading volume before the incident.

1. 1 Kalshi CEO says state-led oversight of U.S. prediction markets would push them out 10 hours ago
2. 2 AI agents make 138 million crypto payments as U.S. dominates spending on AI models 11 hours ago
3. 3 Crypto Long & Short: Why gold and bitcoin belong in the same portfolio 12 hours ago
4. 4 EasyA hits $1.1 billion valuation, targets 2027 public listing and tokenized shares 12 hours ago
5. 5 BlackRock's crypto ETF assets surge 63% but remain far below 2025 peak 12 hours ago
6. 6 Former FTX Europe chief targets U.S. tokenized stock trading with new SEC exemption 12 hours ago
7. 7 America's growing digital economy requires power grid updates. Who will foot the bill? 13 hours ago
8. 8 Kraken parent Payward to become first crypto firm to buy a EU bank as it expands into deposits, lending 13 hours ago
9. 9 U.S. September CPI comes in hot, sending bitcoin sharply lower 14 hours ago
10. 10 Here's how analysts see U.S. inflation influencing bitcoin 15 hours ago

Beyond the Risk-Free Rate: Diversified Real World Yield in Productive Stablecoins

Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.

Why it matters :

Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.

AI agents make 138 million crypto payments as U.S. dominates spending on AI models

EasyA hits $1.1 billion valuation, targets 2027 public listing and tokenized shares

Former FTX Europe chief targets U.S. tokenized stock trading with new SEC exemption

Disclaimer: This article is for information only and does not constitute investment advice. Digital assets involve substantial risk.