DeltaPrime DeFi Protocol Breached, Up to $9M Lost Due to Private Key Leak

Sep 16, 2024, 06:44 AM

DeltaPrime DeFi protocol has experienced a significant security breach due to a leaked admin private key. The incident has resulted in the draining of multiple pools, including DPUSDC, DPARB, and DPBTCb. Initial reports indicate losses ranging from $4.5 million to $9 million, with ongoing suspicious transactions detected on the ARB chain. The attacker gained control of the private key and upgraded the proxy, exacerbating the situation. Reports also mention a $7 million loss and a $6 million hack. Users are advised to withdraw their funds immediately to mitigate further losses.