Another DeFi Exploit: Perp DEX Ostium Loses $18 Million in Oracle Attack
Hackers manipulated Ostium's price feed by compromising an oracle signe key, allowing them to drain roughly $18 million from the Arbitrum-based perpetuals exchange.
Grvt and the Rise of Composable Onchain Wealth
Perp DEX Market Overview Perp DEX sector growth Perpetual futures have become the dominant instrument in crypto derivatives markets, with the decentralized venues offering them becoming the fastest-growing sector in Web3. Figure 1: Perp DEX share of…
Ripple CTO Proposes ReservedTxns to Block Front-Running on XRPL DEX
David Schwartz, co-founder of the XRP Ledger and Ripple CTO Emeritus, has proposed a two-component transaction reservation mechanism to address front-running and sandwich attack risks on XRPL’s native DEX and AMM. The proposal, surfaced in response…
No More Venue Hopping: Kraken Pro Adds US Perpetual Futures for Eligible Clients
Kraken just handed eligible U.S. crypto traders access to perpetual futures, bringing one of the industry’s most heavily used trading tools onto a CFTC-licensed venue through Kraken Pro. The Cheyenne, Wyoming-based exchange Kraken disclosed Monday that…