Ostium Says Five-Minute Security Incident Drained Up to $24 Million
2026-07-16 18:18:37
Ostium said a five-minute security incident caused losses from its public liquidity vault, with security firms estimating that up to $24 million was drained. According to NS3.AI, co-founder Kaledora Kiernan-Linn said the team identified the issue within minutes and coordinated a trading pause within the hour. The statement did not provide a final loss total, root cause, or postmortem.
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