Fake liquidity pool fooled Nostra oracle, $3.5M borrowed against NSTR
- —A pool with ~1.5 SolvBTC moved NSTR's price from $0.006 to $49.5 within 25 minutes
- —One account borrowed about $3.5 million in ETH, STRK, USDC, USDT, WBTC and DAIv1
- —Halborn valued NSTR's entire market at ~$550k before the attack — the loan was 6x that
- —Pragma said the NSTR feed had two contributing sources instead of the recommended three
Why it matters: The exploit exposed how oracle feeds can be manipulated via thin pools, a risk that could affect other lending protocols relying on similar price sources.
Source: Coinpaprika News