The decentralized finance platform Delta Prime has become the latest victim in a crypto-related cyber attack, losing approximately $6 million worth of digital currency.
Initial Attack
The DeFi platform Delta Prime first suffered a loss of approximately $4.5 million, as reported by the security platform Cyvers in a Sept. 16 X post: 'Suspicious address already swapped USDC to ETH! Total estimated loss is around $4.5M so far! However, a suspicious address is still draining the pools! Total loss might increase!'
Losses Increase to $6M
However, another wave of malicious transactions has already taken the amount stolen from Delta Prime to nearly $6 million, noted Fuzzland co-founder Chaofan Shou in a Sept. 16 X post.
Context and Previous Incidents
The incident comes nearly two months after a hacker stole over $230 million from the Indian cryptocurrency exchange WazirX, in the second-largest cryptocurrency theft of 2024 so far. The overall number of losses from crypto-related thefts continues to rise, raising concerns about security in the decentralized finance space.
This is a developing story, and further information will be added as it becomes available.
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