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Home›Crypto›Market Structure›Ostium attributes $24 million exploit to an off-chain…

Ostium attributes $24 million exploit to an off-chain breach

The team said trader collateral was unaffected and that it will publish a recovery plan for liquidity providers.

Reported · Written up by our desk · Market Structure

Ostium said a $24 million exploit was driven by an off-chain breach, and it ruled out a smart contract flaw as the cause, according to The Block.

The team said trader collateral was unaffected by the incident.

It added that it will release a recovery plan for liquidity providers as part of its next steps.

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Sources

The BlockOstium blames off-chain breach for $24 million exploit, rules out smart contract flaw

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