Oracle Network Switchboard Halts Four Chains Over Potential Move Compromise
Security
Technology
Aptos
Blockchain Oracle
crypto security
DeFi
IOTA
Move
Movement
Oracle Network
SUI
Switchboard
TLDR: Switchboard halted Move-based oracle operations on Aptos, Sui, IOTA and Movement after a potential compromise. An IOTA oracle incident allegedly pushed a price feed to $10M, enabling about 4.94M VUSD to be minted. The IOTA incident reportedly liquidated 45 users as investigators examined the potential compromise. Switchboard said no similar issue was reported on [...]
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Source: Source: Blockonomi