Security Alert: Perp DEX Ostium Hacked, Estimated Loss $18 million

BlockBeats News, July 15th, the RWA perpetual contract trading platform Ostium on Arbitrum was attacked, with an estimated loss of $18 million.

The attacker reportedly exploited the oracle signer's private key to use the registered PriceUpkeep relay to submit favorable future prices and loop opening and closing positions to deplete the treasury funds. Currently, there has been no response from the official Ostium team.