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.
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