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Madisson
@krafton
The DeFi protocol team DeltaPrime announced that their insurance pool will cover any potential losses incurred due to today's exploit. š° š„· The exploit targeted only the DeltaPrime Blue protocol on the Arbitrum blockchain, from which a drainer siphoned $5.98 million. This occurred due to a compromised private key, the source of which is currently under investigation. šµļøāāļø In contrast, the DeltaPrime Red protocol (on the Avalanche blockchain) was not vulnerable to this attack, as its implementation is protected exclusively by multi-signatures and cold wallets (as it should be). š¤·
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