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 After the trade, the funds were immediately withdrawn from the protocol and bridged to Ethereum, resulting in losses of roughly $18 million.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

Users have been complaining about onboarding to crypto for years and nearly every team in the space is working on solutions to make UX better. Legacy crypto onboarding experiences are clunky and risky. Wallets are secured by easy to lose seed phrases, every transaction needs a manual signature, transaction costs can be more expensive than the transaction itself, and one mistake can mean loss funds--not to mention customer support is pretty much non-existent. Though the troubles with onboarding s

Perpetual futures contracts, commonly referred to as perps, allow traders to use leverage to speculate on the price action of an asset.