DeltaPrime DeFi Protocol Loses $5.93 Million Amid Exploit!

The post DeltaPrime DeFi Protocol Loses $5.93 Million Amid Exploit! appeared first on Coinpedia Fintech News

Reportedly, DeltaPrime, a Decentralized Finance (DeFi) project on the Arbitrum chain is under attack. Notably, the administration appears to have lost the private key. Moreover, suspicious addresses are draining liquidity pools, including DPUSDC, DPARB, and DPBTCb as per the latest reports. So far, the exploit has resulted in an estimated loss of $5.93 million. The attacker has already converted USDC to ETH. Recent data shows that stolen crypto doubled to $1.38 billion in H1 2024 compared to the same period in 2023.