DeltaPrime DeFi Suffers $6 Million Hack on Arbitrum Network

Quick Summary:

The attack that took place at 6:14 AM CET led to a loss of $5.98 million to liquidity pools belonging to the provider DeltaPrime was first flagged by Cyvers alerts.

To prevent tracking the hacker transferred 1,200 ETH, approximately $2.8 million to another address.

The address which was found to be associated with the hacker exchanged the USDC for ETH in an effort to avoid the USDC from being frozen.

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Article Details

Author / Journalist: Elena R

Category: Crypto

Markets: United States

Topics: Hack News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-17 @ 08:03:52 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 344 words

Reading Time: 2 minutes read

Sentences: 20 lines

Sentence Length: 18 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinpedia

News ID: 22563842

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About Coinpedia

Main Topics: Crypto

Official Website: coinpedia.org

Update Frequency: 17 posts per day

Year Established: 2016

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

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Publisher ID: #112

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