DeltaPrime exploited for $4.8M worth of ARB and AVAX tokens
The DeFi liquidity protocol has already paused operations on Arbitrum and Avalanche blockchains as the team investigates the vulnerability.
The DeltaPrime protocol has been exploited for $4.8 million worth of digital assets, adding to the growing number of crypto hacks in 2024, which could be set to surpass the value stolen in 2023.
DeltaPrime, a decentralized finance (DeFi) liquidity protocol, was exploited for $4.8 million worth of Arbitrum (ARB) and Avalanche (AVAX) tokens.
The hack, still under investigation, began when the exploiter contributed liquidity to the protocol, according to onchain intelligence firm PeckShield. In a Nov. 11 post on X, PeckShield said:
