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Ostium rebuilds trading stack with Gateway after $23.75M exploit
Published Source: CryptoPolitanRead original
Crypto Insight Summary: Ostium announced on October 1 that it is revamping its trading setup using Gateway, a new system that offers greater speed of execution, a unified margin, and security features in its infrastructure. This system is introduced about three months after the theft of $23.75 million from its liquidity vault, putting pressure on the Arbitrum platform... Crypto Insight Analysis: Direction: Neutral Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Rebuilding trading stack improves security but has limited market-wide impact.