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News Explorer — Arbitrum DeFi App DeltaPrime Suffers $6 Million Exploit

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Sep 16, 12:02 pm
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Arbitrum DeFi App DeltaPrime Suffers $6 Million Exploit

Cyvers, a crypto cybersecurity firm, has reported a security incident involving DeltaPrime, a DeFi protocol on the Arbitrum network. The incident resulted in an estimated loss of $5.93 million as a suspicious address drained funds from DeltaPrime's liquidity pools. The protocol's administrator may have lost control of their private key, allowing unauthorized access to the platform's smart contracts.

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