Nostra Faces $3.5 Million Loss from Rigged Oracle Pool
Nostra experienced a significant loss due to a manipulated oracle price feed. The incident involved a fake NSTR price that was 8,306 times the actual value, leading to unauthorized borrowing.
A rigged pool provided Nostra's oracle with a fraudulent NSTR price, which was 8,306 times higher than the real value. This manipulation enabled an unauthorized borrowing of $3.5 million on Starknet. Pragma had previously warned Nostra about the high-risk nature of the price feed, indicating awareness of potential vulnerabilities before the incident occurred.
As a result of this incident, the money market associated with Nostra remains paused, and there has been no post-mortem analysis released to date. The lack of a detailed examination may hinder understanding the full implications of the event and the steps needed to prevent similar occurrences in the future.