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

Hackers Breached Delta Prime and Stole $5.93 Million

user avatar

by Giorgi Kostiuk

2 years ago


  1. Attack Details
  2. Targets of the Attack
  3. Risks for Other Blockchains

  4. Delta Prime, a prominent brokerage based on Arbitrum and Avalanche, has been hacked. It is reported that $5.93 million have been lost as a result.

    Attack Details

    According to a famous blockchain security tracking platform, Delta Prime recorded several suspicious transactions on the Arbitrum chain, leading to a potential loss of the private key control. Initially, the loss was $4.5 million but has now increased to $5.93 million, indicating that the attack is still ongoing.

    Targets of the Attack

    Cyvers Alerts reported this incident on its official social media account on X, noting that the event might lead to catastrophic consequences. A malicious address has been draining funds from several pools, including $DPBTCb, $DPARB, and $DPUSDC. The attacker is likely converting the $USDC tokens to $ETH to increase liquidity or to conceal tracks before moving the funds.

    Risks for Other Blockchains

    The security breach seems critical as the exploiter continues to exploit the pools on Arbitrum. Additionally, Cyvers Alerts issued a caution to other blockchain projects, advising them to take necessary precautions to protect their assets from similar breaches.

    The hack on Delta Prime highlights the importance of taking precautions to protect assets on blockchain platforms.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Solana's Quantum Readiness Strategy Under Scrutiny

chest

Solana's quantum readiness strategy is under scrutiny following Anatoly Yakovenko's comments on the need for a multi-scheme approach to enhance security against AI threats.

user avatarLeo van der Veen

South Korean Exchanges Win Temporary Relief from Regulatory Sanctions

chest

Three major South Korean crypto exchanges, Upbit, Bithumb, and Coinone, have secured temporary court relief from sanctions related to existing anti-money laundering requirements.

user avatarLi Weicheng

Anatoly Yakovenko Raises Concerns Over AI's Impact on Post-Quantum Cryptography

chest

Solana cofounder Anatoly Yakovenko warns that AI could expose vulnerabilities in post-quantum signature schemes, emphasizing the need for a robust security design.

user avatarMaya Lundqvist

DAXA Challenges New Anti-Money Laundering Regulations in South Korea

chest

DAXA opposes proposed changes to South Korea's anti-money laundering regulations, citing concerns over excessive reporting requirements.

user avatarAisha Farooq

MoneyGram's Stablecoin Service Expands to Colombia and El Salvador

chest

MoneyGram has launched its stablecoin service in Colombia and expanded to El Salvador, providing financial solutions for underserved markets in Latin America.

user avatarTenzin Dorje

Stellar Network Surpasses 1 Billion in Real-World Assets

chest

The Stellar network has crossed the 1 billion mark in real-world assets, indicating significant growth and momentum.

user avatarBayarjavkhlan Ganbaatar

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.