Author: CryptoPress

Ostium, a decentralized perpetual exchange built on Arbitrum, has halted all trading following a major infrastructure exploit targeting its OLP liquidity vault. Blockchain security firms and researchers estimate the total loss at approximately $24 million, primarily drained in the USDC stablecoin across multiple strategic transactions. The attacker exploited a loophole in Ostium’s operational infrastructure, specifically targeting the...

Strategy CEO Phong Le stated the firm would only consider debt-related risks if Bitcoin fell to the $8,000 to $10,000 range. The enterprise Bitcoin giant currently holds over 840,000 BTC and considers its balance sheet highly secure at current price levels. The firm has increased its U.S. dollar reserves to $3 billion to bolster its liquidity and support its preferred stock structure. Enterprise software and digital capital platform Strategy...