Delta Prime Suffers $4.9 Million Loss in DeFi Hack
On September 16, Delta Prime, a decentralized finance platform, lost over $5.9 million in a hack, according to Cyvers.
The hacker gained control of a private key, allowing them to take over a wallet that administers Delta Prime’s proxy contracts. The attacker then upgraded the contracts to direct funds to a malicious contract, draining pools on the Arbitrum chain. Cyvers identified three affected pools and warned that losses could increase as the attack continued.
Clever Robot News Desk 17th September 2024
