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.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Strategy's Dual Approach: Bitcoin Acquisition and Preferred Share Repurchase

On November 9, Strategy announced the acquisition of 1,036 additional Bitcoin alongside the repurchase of approximately 188 million STRC preferred shares.

user avatarMaya Lundqvist

Bitcoin Slips Toward $74,000 After Fed Governor Signals December Rate Hike

Bitcoin's value has dropped significantly, approaching the $74,000 level, as Federal Reserve Governor Christopher Waller voiced clear support for raising interest rates at the upcoming December FOMC meeting.

user avatarLeo van der Veen

MARA Reports Significant Bitcoin Sales and Loan Repayment

MARA disclosed significant Bitcoin sales and loan repayment, marking a strategic shift from holding to monetizing reserves.

user avatarLi Weicheng

US Spot Ether ETFs Face Major Withdrawals on November 9

On November 9, US spot Ether ETFs experienced significant net withdrawals totaling $1.846 billion, primarily driven by BlackRock's ETHA, reflecting ongoing investor concerns about market conditions.

user avatarAisha Farooq

Crypto Firms Rally Behind CFTC in Perpetual Futures Legal Battle

Coinbase, Kalshi, and four other companies filed an amicus brief supporting the CFTC's authority to regulate perpetual futures tied to US stocks amid a significant lawsuit.

user avatarBayarjavkhlan Ganbaatar

CMAA Challenges CFTC's Authority Over Perpetual Futures

The Capital Markets Alliance Association (CMAA) has filed a lawsuit against the Commodity Futures Trading Commission (CFTC), claiming that perpetual futures should be classified as security-based swaps, which would impose stricter regulations.

user avatarTenzin Dorje

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.