The DeFi protocol team DeltaPrime announced that their insurance pool will cover any potential losses incurred due to today's exploit. 💰
🥷 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. 🕵️♂️
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). 🤷
