Avoiding the unavoidable key compromise
A few days ago, Ostium was compromised due to access to privileged keys: pricing and execution. This allowed the exploiter to open trades at prices drastically below the market and close them at the market price. After the trade, the funds were immediately withdrawn from the protocol and bridged to Ethereum, resulting in losses of roughly $18 million. There's been a lot of talk about ways to protect against such compromises, from instant settlement to better key security, but most solutions ar
