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Cybersecurity concerns grow after Delta Prime hacked of $6M

CointelegraphCointelegraph2024/09/16 07:36
By:Zoltan Vardai

Delta Prime was hacked for at least $6 million worth of digital currency, in the latest crypto-related cybersecurity incident.

The decentralized finance (DeFi) platform first suffered a loss of approximately $4.5 million, onchain security platform Cyvers, who wrote in a Sept. 16 X post:

“Suspicious address already swapped USDC to ETH! Total estimated loss is around $4.5M so far! however, a suspicious address is still draining the pools! Total loss might increase!”

Delta Prime hack. Source: Cyvers

However, another wave of malicious transactions has already taken the amount stolen from Delta Prima to nearly $6 million, noted Chaofan Shou, the co-founder of Fuzzland, in a Sept. 16 X post. 

The incident comes nearly two months after a hacker stole over $230 million from WazirX , an Indian cryptocurrency exchange, in the second-largest cryptocurrency hack of 2024 so far.


Related: Top 100 DeFi Hacks: Offchain attack vectors account for 57% of losses

This is a developing story, and further information will be added as it becomes available.

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