• 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

Implementation of Basel III and EMIR Refit Mandates

chest

As financial institutions prepare for the implementation of the Basel III Endgame and EMIR Refit mandates, they are confronted with new compliance challenges. These regulatory changes, set to take effect between 2025 and 2026, impose stricter capital requirements and data quality standards, aimed at enhancing financial stability and risk management in the derivatives market.

user avatarLi Weicheng

Seven Strategies for Derivatives Risk Mitigation

chest

Seven essential strategies for derivatives risk mitigation for financial institutions.

user avatarAisha Farooq

Surge in Interest Rate Derivatives Trading Amid Regulatory Changes

chest

Surge in Interest Rate Derivatives Trading Amid Regulatory Changes

user avatarLeo van der Veen

DarkChange Launches Innovative Cryptocurrency Exchange

chest

DarkChange has launched a new cryptocurrency exchange platform that prioritizes speed, security, and user convenience.

user avatarTenzin Dorje

Discover the Unique Features of DarkChange Cryptocurrency Exchange

chest

DarkChange introduces unique features that differentiate it from traditional cryptocurrency exchanges, allowing users to trade without registration, enjoy competitive rates, and benefit from advanced security measures.

user avatarBayarjavkhlan Ganbaatar

Russia Launches Rehabilitation Mechanism for Crypto Traders

chest

Russia implements a rehabilitation mechanism to assist cryptocurrency traders wrongly flagged as criminals, allowing them to unfreeze their assets and address wrongful blacklisting.

user avatarMohamed Farouk

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.