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Arbitrum bridge not hacked as $24M exploit drains Ostium DEX through oracle manipulation

Crypto Briefing·July 22, 2026·1 min read
Arbitrum bridge not hacked as $24M exploit drains Ostium DEX through oracle manipulation

A $24M exploit drained Ostium DEX via a compromised oracle key, not a hack of Arbitrum's native bridge. The incident caused a 4% decline in ARB. The exploit raised concerns about oracle security on the Arbitrum network, though the bridge itself remained secure and unaffected by the attack.

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