BlockSec launches Oracle Machine monitoring system: can proactively block Oracle Machine attacks

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According to Deep Tide TechFlow news, on May 29, the blockchain security company BlockSec officially launched the Oracle Machine monitoring feature on its attack monitoring and automatic blocking platform Phalcon. The system supports real-time monitoring of both in-house and external oracles (such as Chainlink and Pyth), using a triple mechanism of price deviation, interval warning, and cross-validation to accurately identify price anomalies, and provides monitoring of price update latency and Oracle Machine health checks. Once an anomaly is detected, the platform will promptly push alerts and automatically trigger emergency responses.

Previously, multiple projects such as Mango Markets, Venus, and Rho Markets suffered huge losses due to Oracle Machine issues. BlockSec stated that the Oracle Machine monitoring system can effectively prevent liquidation risks and Oracle Machine manipulation risks caused by price anomalies. Phalcon now supports over 30 mainstream Blockchain networks, and in addition to Oracle Machine monitoring, it covers real-time monitoring and automatic blocking of risks related to attacks, operations, interactions, economics, Safe{Wallet}, and custom risks. Currently, the product is open for demo reservations and free trials.

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