DeltaPrime, a DeFi lending protocol, suffered a $5.9 million loss due to a private key exploit.
The attacker accessed the project's private key, allowing them to drain significant funds from the platform.
The attacker accessed the project's private key, allowing them to drain significant funds from the platform.
DeltaPrime swiftly responded, suspending operations to investigate the breach and minimize further losses.
This incident highlights ongoing security vulnerabilities in decentralized finance, where private key management remains a critical point of failure.
The team is working with blockchain security experts to recover assets and strengthen protocols.