Delta Prime DeFi May Have Lost Private Keys, Warns Cyberus

IconCryptoNewsTerminal Staff16 Sep, 2024

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Delta Prime DeFi May Have Lost Private Keys, Warns Cyberus

On-chain security firm Cyberus has detected some suspicious activity involving DeFi project Delta Prime on the Arbitrum Network. According to Cyberus, it appears that the admin of Delta Prime may have lost their private keys. As a result, a hacker is currently draining funds from Delta Prime's pool. At the time of writing, the losses are estimated to be around $4.5 million. Cyberus shared this incident on Twitter, highlighting that surreptitious asset withdrawals are underway from the DeFi project. The security firm urged users to exercise caution when interacting with Delta Prime. While Cyberus has not officially confirmed that Delta Prime has lost its private keys, the ongoing asset withdrawals suggest that this may be the case. Users should be aware of this potential risk and take appropriate measures to protect their funds when interacting with DeFi projects.