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DeltaPrime exploited for $4.8M worth of ARB and AVAX tokens

The Cointelegraph ​

Cryptocoins News / The Cointelegraph ​ 160 Views

The DeFi liquidity protocol paused operations on the Arbitrum and Avalanche blockchains as the team investigated the vulnerability.

The DeltaPrime protocol was exploited for $4.8 million worth of digital assets, adding to a growing number of crypto hacks in 2024, which may 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:

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