Ostium Pauses Amid Major DeFi Hack | Bitcoin and Crypto News

Ostium, the decentralized trading platform, has paused all operations after security firms flagged a suspected multi-million dollar exploit targeting its OLP liquidity vault—users are urged to revoke contract approvals until the investigation wraps up. This incident underscores a growing trend in DeFi: attackers are shifting tactics, now targeting off-chain systems like oracles and access controls, not just smart contracts. With April alone seeing nearly $630M in crypto hacks—the highest monthly total ever—it’s a sobering reminder that even as DeFi security evolves, the risks remain high and the losses keep mounting. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/9915aa96de3c07bb