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

VanEck Sees Buying Opportunity in Bitcoin Mining Stocks After Market Correction

VanEck sees a buying opportunity in Bitcoin mining stocks after a market correction, citing limited electricity capacity and delays in grid connections as potential advantages.

user avatarZainab Kamara

Bitcoin Mining Stocks Plummet Amid AI Infrastructure Concerns

Bitcoin mining companies that expanded into AI infrastructure saw an average stock price decline of 35% in October 2023 due to market fears about rising borrowing costs and economic uncertainties.

user avatarJacob Williams

Proposed Loss Carryforward Mechanism for Cryptocurrency Investments

South Korean government officials proposed a three-year loss carryforward mechanism for cryptocurrency investments to create a balanced taxation approach.

user avatarTando Nkube

Samsung Wallet Introduces Stablecoin Functionality for Galaxy Users

Samsung Wallet has launched a feature for US Galaxy users to manage stablecoin accounts, allowing them to buy, hold, send, and receive USDC on the Solana blockchain.

user avatarSon Min-ho

Evernorth Registers 737 Million Shares, Raising Concerns Over Stock Pressure

Evernorth has registered up to 737 million shares for potential resale, raising concerns about selling pressure on its stock.

user avatarAyman Ben Youssef

South Korea Delays Cryptocurrency Gains Tax Implementation

The South Korean government has announced a delay in the implementation of its cryptocurrency gains tax, moving the deadline from January 2027 to January 2029.

user avatarKofi Adjeman

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.