**Delta Prime, the decentralized finance (defi) platform, lost just over $5.9 million after a hacker took control of a private key on Sept. 16.** Detailing the incident, Meir Dolev, the CTO of Cyvers, said the hacker initiated the attack by taking control of a wallet that is the admin of Delta Prime proxy contracts. A while later, the hacker upgraded these contracts to point to his malicious contract, which resulted in the draining of Delta Prime pools on the Arbitrum chain. At the time of issuing the alert, Cyvers identified three pools that had been affected and warned that the losses could rise further as the attack was still ongoing.

Source: <https://x.com/CyversAlerts/status/1835577325469020283>

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