DeltaPrime Officially Confirms Attack: $5.98 Million Loss, Investigating Incident and Recovering Assets
DeltaPrime Blue Suffers $5.98 Million Attack on Arbitrum
DeltaPrime, a DeFi project on the Avalanche and Arbitrum ecosystems, has confirmed a security incident on X (formerly Twitter). The team stated that DeltaPrime Blue, the Arbitrum version, was attacked at 6:14 AM EST, resulting in a loss of $5.98 million. The attack was attributed to private key theft, and the team is investigating its origin.
DeltaPrime Red, the Avalanche version, is reportedly safe from this type of attack due to its multi-signature and cold wallet deployment. The team assures users that the risk is manageable and they are pursuing asset recovery. The insurance pool will cover any potential losses.
Additionally, DeltaPrime is exploring other methods to minimize user losses. The team promises to keep users updated through their official X account and Discord channel.
Earlier reports from Cyvers Alerts suggested a possible attack on DeltaPrime, indicating that the administrators had potentially lost their private keys. Suspicious addresses have been transferring assets, impacting liquidity pools like DPUSDC, DPARB, and DPBTCb. The attacker has already converted USDC to ETH.