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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.

Our full investigation: Nostra exploit: the $2M that reached Ethereum is still on one wallet — after a Railgun deposit came straight back

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.

Addresses in this incident

Roles are attributed to the source that stated them. Addresses without an attributed role are listed because coverage mentioned them, not because we assign them a part in the incident.

Sources

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Nostra Faces $3.5 Million Loss from Rigged Oracle Pool | PublicAML