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DeltaPrime A DeFi Platform was Hacked due to Private Key Leak : Loss Of $6 Million

  • $6 million was taken out of DeltaPrime, a DeFi platform running on Avalanche and Arbitrum blockchains, due to a compromised private key of an admin address.
  • The hacker took over an admin proxy and redirected traffic to an opposed contract, impacting the project's Arbitrum version.
  • Security researcher Chaofan Shou discovered the hack and estimated a loss of around $6 million, making it one of the largest crypto hacks this year.
  • There are suspicions that the hack may be connected to North Korea's state-sponsored hackers, Lazarus Group.

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