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DeltaPrime DeFi Protocol Hit by $5.93M Security Breach on Arbitrum Network

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Summary
Nutrition label

62% Informative

Security firm Cyvers has reported a security leak in the decentralized finance (DeFi) protocol DeltaPrime , which operates on the Arbitrum network.

Cyvers estimates the loss in the incident to be four and a half million dollars at first , however, after it was reported that the funds had been transferred from DeltaPrime ’s DeFi liquidity pools to the “suspicious address,” the loss was recorded as 5.93 million doll.

This comes hot off the trail of an incident in mid-July where cross chain DeFi protocol Li . Fi was entirely suspected in the disappearance of nearly 11 million dollars in cryptos as a result of an exploit.

VR Score

40

Informative language

26

Neutral language

47

Article tone

formal

Language

English

Language complexity

58

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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