Decentralized trading protocol Ostium paused trading Wednesday after blockchain security firms Blockaid and CertiK reported an apparent exploit of its OLP liquidity vault.Blockaid estimated the exploit resulted in roughly $18 million in losses, while CertiK placed the figure at about $22 million. Both firms attributed the incident to an apparent compromise of Ostium’s oracle system, which supplies external price data to the protocol.Source: OstiumOstium announced on X that it paused all trading after identifying an issue affecting the vault. It subsequently said: “With user security being our first concern, we recommend that all users temporarily revoke approvals for our contracts…

Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt. And check out our new daily news show covering all of the top stories in 5 minutes, downloadable on Apple Pod or Spotify.GM!Today’s top news: Crypto majors are up 3-6% after a cold CPI print; BTC at $64.6k HYPE jumps 7% to $68 as SEC Crypto Task Force meets with HPC team Mizuho downgrades Circle to $50 target, cites OpenUSD competition Pump.fun hits first major unlock as $86M in PUMP hits market (PUMP +15%) Robinhood Chain sees…

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