News linked to both this project and an event.
Odaily reports, perpetual contract DEX Ostium stated that platform trading remains paused following a security incident. User positions remain open but cannot be modified for now, and trading margin funds are still held in the frozen trading smart contract without any movement.Ostium stated that its team is continuously coordinating with relevant authorities, SEAL 911, and multiple security researchers. Updates regarding the resumption of smart contract activities and the timeline for fund recovery will be released subsequently.According to PeckShield monitoring, approximately 24 million USDC from Ostium's public OLP vault was stolen. The attacker subsequently swapped these funds for approximately 12,100 ETH, of which about 10,500 ETH was transferred to Tornado Cash.
Odaily Odaily News According to MAX monitoring, on July 16, the Cascade CLS treasury suspectedly experienced a security vulnerability, resulting in approximately $1.3 million in user fund losses. The platform has suspended all trading and withdrawals and has invited SEAL 911 and other third-party security teams to investigate and handle the incident. Cascade is a 24/7 multi-asset perpetual contract platform headquartered in New York, targeting the US market. It supports deposits via Arbitrum USDC or bank accounts and is currently still in an invitation-only private testing phase.
According to Cointelegraph, phishing ads impersonating the decentralized exchange protocol Uniswap have appeared in Google search results, enabling attackers to steal at least $400,000. On-chain analyst b-block stated that the associated counterfeit websites are draining funds from multiple wallets; the implicated addresses currently hold a combined total of 146 ETH—worth approximately $306,000 at press time. Security Alliance (SEAL) noted that such fraudulent Google ads are a common source of phishing attacks, with attackers either purchasing ad placements or compromising legitimate advertising accounts to impersonate popular crypto protocols in sponsored search results. SEAL also reported that between March 13 and March 30, these attacks resulted in total losses amounting to $1.27 million.