DeltaPrime DeFi platform suffers a $5.98M hack on the Arbitrum chain due to a private key leak. The attack compromised several liquidity pools, and the team is working on asset recovery and minimizing user losses.
In the early hours of September 16, 2024, DeltaPrime, a prominent decentralized finance (DeFi) platform, announced that its Arbitrum-based protocol, DeltaPrime Blue, was exploited in a cyber attack that drained approximately $5.98 million.
According to an official tweet from DeltaPrime at 9:55 AM, the exploit occurred at 6:14 AM CET and was traced to a compromised private key. The team reassured users that the issue is limited to the Arbitrum chain, with the Avalanche-based DeltaPrime Red unaffected due to its use of multisig wallets and cold storage for added security. Continue here.
If you do need a website security audit or your business needs a red team for real life attack simulation, please Contact us. We would give you the best in quality and the most affordable you would get on the market place. Enjoy our 100% refundable deals. You can’t loose let’s talk about your project.
Kindly reach out on WhatsApp directly and let’s make this decision your most important and best investment post 3 years.
Disclaimer: Full credit to the writer, and the associates.