Nostra Had Approximately $3.5 Million in Assets Lent Out Due to Alleged Price Manipulation of Its NSTR Oracle.
This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.5 Articles
5 Articles
Nostra Incident Shows How Thin NSTR Liquidity Became a Starknet Collateral Risk
CertiK reported on September 18 that approximately $1.92 million of assets borrowed in Nostra’s NSTR oracle incident had been bridged to Ethereum, including 234.57 ETH and 1.3 million DAI. The movement followed Nostra’s September 17 confirmation that an account had used inflated NSTR collateral to...
Nostra's loan market in Starknet would have suffered from an operation linked to the manipulation of NSTR's oracle, with approximately $3.5 million in borrowed assets and a portion of the funds subsequently transferred to Ethereum.
According to ChainCatcher and PeckShieldAlert, Nostra's lending market on Starknet was manipulated due to NSTR oracle price manipulation. A single account lent approximately $3.5 million worth of ETH, STRK, USDC, USDT, WBTC, and DAI using NSTR as collateral. The attacker subsequently transferred approximately $1.92 million worth of assets across chains to Ethereum, including 234.57 ETH and 1.3 million DAI.
Coverage Details
Bias Distribution
- There is no tracked Bias information for the sources covering this story.
Factuality
To view factuality data please Upgrade to Premium
