🔐 SECURITY: Switchboard halted its Move-based oracle deployments across Aptos, Sui, IOTA and Movement after a suspected compromise.

Virtue says a manipulated IOTA feed enabled 4.94M VUSD to be minted and triggered 47 liquidations. The root cause and wider impact are still unresolved.

https://cryptoslate.com/cross-chain-oracle-compromise-triggers-liquidations-and-frozen-vaults-across-multiple-defi-networks/

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