Delta Prime Exploited, $6M Stolen Amid Private Key Breach
On 16th September 2024, decentralised finance (DeFi) protocol Delta Prime experienced a significant security breach, resulting in the loss of $6 million. The attack was carried out on the platform’s Arbitrum deployment, while the Avalanche version remained unaffected. Delta Prime confirmed that the breach occurred due to the compromise of a private key, allowing the attacker to mint massive amounts of deposit receipts and subsequently drain the funds. DeltaPrime Blue exploited, this is the current status: At 6:14 AM CET DeltaPrime Blue (Arbitrum) was attacked and drained for $5.98M. This was due to a compromised private key, the source of which is currently under investigation. DeltaPrime Red (Avalanche) is not vulnerable… — DeltaPrime (@DeltaPrimeDefi) September 16, 2024 The exploit was discovered at 6:14 AM CET, and Delta Prime promptly acknowledged the attack on social media. According to a statement from the company, the attacker managed to drain $5.98 mil...