Nostra Joins a September That Has Already Cost Crypto Over $326 Million
Starknet lending protocol Nostra paused its money market on Thursday after a manipulated price oracle let one account borrow roughly $3.5 million against NSTR collateral. Lending, borrowing, withdrawals, and liquidations remain unavailable while the team reconciles each asset.
Recovery prospects remain unclear for now. Nostra Halts Money Market in September’s Latest Oracle Exploit Nostra (NSTR) carries a market value of $546,751, according to BeInCrypto Markets data. A token that small needs little capital to move.
Follow us on X to get the latest news as it happens Nostra (NSTR) Price Performance. Source: BeInCrypto Markets The account pledged NSTR and drew Ethereum (ETH), Starknet (STRK), USDC, USDT, Wrapped Bitcoin (WBTC), and DAIv1.
The haul exceeded the collateral token’s entire market value by roughly six times. Security firm PeckShield reported that the account bridged $1.92 million to Ethereum. That transfer included 234.57 ETH and 1.3 million DAI. Deposits collapsed afterward.
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