• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

DeltaPrime Issues Demand to Hacker Following $4.8M Loss

user avatar

by Giorgi Kostiuk

a year ago


DeltaPrime, a DeFi protocol, has suffered significant losses due to a hack. The team is demanding negotiations with the attacker to recover the stolen funds.

DeltaPrime's Ultimatum

On November 13, DeltaPrime's co-founder, Gavin Hasselbaink, stated that legal action would ensue if the hacker fails to engage. Hasselbaink emphasized that they are ready to intensify efforts to identify the attacker.

We have several leads on your true identity, and eventually, we will be forced to pursue these in order to recover the user funds.

Message to the Hacker

Following the attack, DeltaPrime sent an on-chain message to the hacker, requesting negotiations for the return of the stolen funds. However, according to Hasselbaink, the attacker either overlooked the message or chose to delay their response.

DeltaPrime's Attack History

This recent attack marks the second time DeltaPrime has been targeted by hackers. In September, the protocol lost $6 million due to a key leak. Such repeated breaches raise concerns about the security of DeFi protocols.

Such incidents highlight the need for enhanced security measures in DeFi protocols. DeltaPrime remains committed to recovering the funds and preventing future attacks.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Virtuals Protocol and t54 Launch Agent Commerce on XRP Ledger

chest

Virtuals Protocol and t54 have announced the integration of agent commerce into the XRP Ledger, enabling AI agents to transact using escrowed jobs and programmable settlements.

user avatarMaria Fernandez

South Korean Opposition Party Seeks to Abolish Cryptocurrency Tax

chest

The South Korean opposition party has introduced a bill to abolish the planned 22% capital gains tax on cryptocurrencies, arguing it creates unfair disparity compared to stock investors.

user avatarRajesh Kumar

Coinbase Expands Global Offerings with Stock Perpetual Futures

chest

Coinbase has launched stock perpetual futures for non-US traders, allowing 24/7 trading of major tech stocks as part of its strategy to integrate crypto and traditional assets.

user avatarGustavo Mendoza

Grayscale Moves to Launch HYPE ETF Following SEC Application

chest

Grayscale has submitted an S1 registration form for the Grayscale HYPE ETF, aiming to trade on NASDAQ under the GHYP symbol.

user avatarMiguel Rodriguez

UK Shuts Down Crypto Exchange Linked to Iranian Military

chest

The UK government has initiated a compulsory strikeoff against Zedxion Exchange Ltd due to false information and connections to Iran's Islamic Revolutionary Guard Corps.

user avatarLuis Flores

Altcoin Market Faces Prolonged Weakness Amid Declining Trading Volumes

chest

The altcoin market is experiencing prolonged weakness due to declining trading volumes and reduced investor participation.

user avatarArif Mukhtar

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.