
The decentralized finance protocol Delta Prime has suffered a significant security breach, with losses exceeding $10 million due to multiple exploits in recent months. The latest incident, reported on November 11, 2024, involved an exploit that resulted in a loss of approximately $4.8 million. This follows an earlier incident in October 2024, where phishing scams in the cryptocurrency space led to over $20 million in losses. The vulnerabilities in Delta Prime's protocol have been attributed to flaws in its contract design, particularly a lack of input validation in reward claims. Despite receiving substantial funding from notable investors such as Avalanche and GSR, Delta Prime's security measures have proven inadequate, leading to repeated breaches. The protocol has now paused affected pools as it assesses the situation and implements necessary security improvements.
Audited multiple times, hacked twice in two months. @DeltaPrimeDefi loses another $4.85M after ignoring explicit warnings. Like leaving your mansion unlocked after security consultants kept telling you to change the locks. Rekt Investigates https://t.co/7Oy4226Al3 https://t.co/mMthTtIcRH
AMAZON CONFIRMS EMPLOYEE DATA STOLEN AFTER HACKER CLAIMS MOVEIT BREACH - TECHCRUNCH
Lending protocol Delta Prime suffers second exploit in two months, bringing losses above $10 million https://t.co/P0viCPUaou





