• 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

2 years 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

Intersect's Role in Cardano's Decentralization Process

chest

Intersect is expected to coordinate teams and manage priorities during Cardano's transition to decentralized governance.

user avatarTomas Novak

TRON Faces Increased Scrutiny Amid Stablecoin Compliance Issues

chest

TRON is under scrutiny for compliance with US Treasury sanctions following the freezing of $131 million in USDT linked to Iranian addresses, raising regulatory concerns in the stablecoin market.

user avatarKaterina Papadopoulou

Uniswap Proposes Protocol Fee Activation Across Multiple Deployments

chest

Hayden Adams, the founder of Uniswap, has proposed activating protocol fees across Uniswap v4 and other network deployments, reigniting a key governance debate in DeFi.

user avatarMaya Lundqvist

SEC Increases Position Limits for Bitcoin ETF Options

chest

The SEC has approved a significant rule change for options on BlackRock's iShares Bitcoin Trust, raising the position and exercise limits from 250,000 contracts to 1,000,000 contracts.

user avatarLeo van der Veen

BNB Chain Reaches $52 Billion in Tokenized Real-World Assets

chest

BNB Chain has reached approximately $52 billion in tokenized real-world assets, marking significant growth in the sector.

user avatarLi Weicheng

Sui Introduces Gas-Free Transfers for Stablecoins

chest

Sui has launched a new feature that allows users to transfer stablecoins without the need to hold the network's native token for transaction fees.

user avatarAisha Farooq

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.