• About Us
  • Careers
  • Contact
No Result
View All Result
Sunday, September 28, 2025
DeFi Planet
  • News
    • People
    • Business
    • Crime
    • Regulation
    • Crypto
    • CBDC
  • Market Analysis
    • Bitcoin
    • Ethereum
    • Stablecoins
    • Altcoins
    • Crypto ETFs
    • Memecoins
  • Policy
  • Articles
    • Press Releases
    • Opinion
    • Explainers
    • Guest Post
    • Sponsored
  • Directory
    • Companies
    • People
    • Products
    • Wallets
  • Multimedia
    • Videos
    • Podcasts
  • Learn
    • DeFi Basics
    • Tutorials
    • Reviews
    • Blockchain Fundamentals
  • Research
    • Case Studies
  • Explore
    • DeFi
    • Crypto Gaming
    • NFT
    • DAO
    • Metaverse
    • Glossary
  • Jobs
  • Markets Pro
    • DeFi Planet Pro
    • Spend Crypto
    • Swap Crypto
    • Coin Prices
    • Crypto Exchanges
    • Crypto Analyzer
  • News
    • People
    • Business
    • Crime
    • Regulation
    • Crypto
    • CBDC
  • Market Analysis
    • Bitcoin
    • Ethereum
    • Stablecoins
    • Altcoins
    • Crypto ETFs
    • Memecoins
  • Policy
  • Articles
    • Press Releases
    • Opinion
    • Explainers
    • Guest Post
    • Sponsored
  • Directory
    • Companies
    • People
    • Products
    • Wallets
  • Multimedia
    • Videos
    • Podcasts
  • Learn
    • DeFi Basics
    • Tutorials
    • Reviews
    • Blockchain Fundamentals
  • Research
    • Case Studies
  • Explore
    • DeFi
    • Crypto Gaming
    • NFT
    • DAO
    • Metaverse
    • Glossary
  • Jobs
  • Markets Pro
    • DeFi Planet Pro
    • Spend Crypto
    • Swap Crypto
    • Coin Prices
    • Crypto Exchanges
    • Crypto Analyzer
No Result
View All Result
DeFi Planet
No Result
View All Result

DeltaPrime DeFi Protocol Issues Ultimatum to Hacker After $4.8M Attack

13 November 2024
in Crime, News
Reading Time: 3 mins read
107 2
Home News Crime

DeFi lending protocol DeltaPrime has issued an ultimatum to the perpetrators of its recent $4.8 million hack. 

In a November 13 X post, the protocol’s co-founder, Gavin Hasselbaink, warned that legal action will be taken if the attacker fails to engage in dialogue, and efforts to track down the individual will intensify.

“As you are likely aware, we have several leads on your true identity, and eventually, we will be forced to pursue these in order to recover the user funds”

Hasselbaink noted. 

The post indicates that if no communication is received by November 14, the final deadline for the attacker to negotiate regarding the stolen funds, the incident will no longer be classified as a white-hat hack. And the protocol will take further action.

Following the attack, DeltaPrime sent an on-chain message to the hacker, requesting communication about recovering the stolen funds. However, according to Hasselbaink, the attacker either “overlooked the message or chose to delay their response.”

The protocol stressed that its top priority is “safe fund retrieval” and assured the attacker of its commitment to maintaining anonymity. It also highlighted previous instances where attackers voluntarily returned stolen funds following successful negotiations.

DeltaPrime is a trustless lending protocol on Avalanche and Arbitrum, allowing users to deposit assets like $AVAX or $ARB into liquidity pools for others to borrow. Despite its design to enable decentralized lending, the platform’s repeated security breaches have raised concerns about the overall security of DeFi protocols.

This latest attack marks the second time DeltaPrime has been targeted by hackers, with the previous breach in September resulting in a $6 million loss. During that incident, the attackers exploited weak private critical security to control and drain the project’s vulnerable contract. 

 

If you want to read more news articles like this, visit DeFi Planet and follow us on Twitter, LinkedIn, Facebook, Instagram, and CoinMarketCap Community.

“Take control of your crypto portfolio with MARKETS PRO, DeFi Planet’s suite of analytics tools.”

Don't miss out!

Subscribe To Our Newsletter

Receive top education news, lesson ideas, teaching tips and more!
Invalid email address
Give it a try. You can unsubscribe at any time.
Thanks for subscribing!
Tags: DeFiDeltaPrimeHack
Share63Tweet40Share11
Previous Post

U.S. Authorities Push to Seize Millions in Crypto Linked to Alleged Bribery Scheme by FTX Co-Founder

Next Post

Italian Government Contemplates Revising its Proposed Crypto Tax Rules

Jewel Buddy

Jewel Buddy

Buddy Jewel is a finance writer specializing in cryptocurrency news. With a keen eye on the latest developments in the digital asset space, I provides insightful and timely updates on the ever-evolving world of crypto.

Related Posts

source: cryptowave.co.id
Crypto

AlphaTON Capital Corp Secures $71 Million Financing and Advances TON Token Acquisition

26 September 2025
source: theblock.co
Regulation

SEC and FINRA Investigate Unusual Trading Before Crypto Treasury Deals

26 September 2025
source: financefeeds.com
Crypto

UK Banks Launch Tokenized Deposit Pilot to Modernize Money and Payments

26 September 2025
source:
Regulation

DBS Signals Strategic Shift as Hong Kong’s Stablecoin Rules Take Effect

26 September 2025

Editors Picks

Mining vs. Staking: Which Crypto Validation Method Will Shape the Future?

Mining vs. Staking: Which Crypto Validation Method Will Shape the Future?

byOlajumoke Oyaleke
15 July 2025
0

Where Are the Ethereum-Killers Now?

Where Are the Ethereum-Killers Now?

byOlayinka Sodiqand1 others
6 January 2025
0

source: investorplace.com

How to Find the Newest Cryptocurrencies Before They’re Listed

byOlayinka Sodiq
30 December 2024
0

Exploring the Role of AI in Enhancing DeFi Security

Exploring the Role of AI in Enhancing DeFi Security

byOlayinka Sodiq
1 October 2024
0

The Ultimate Guide to How NFT Royalties Work

The Ultimate Guide to How NFT Royalties Work

byAdedamola Ojedokun
17 April 2024
0

Read More

Chain of Thoughts

The Aesthetics of Web3: Why Vibe Matters in Decentralized Communities

The Aesthetics of Web3: Why Vibe Matters in Decentralized Communities

byOlu Omoyele
27 September 2025
0

...

Zero-Knowledge Everything: Trust, Privacy, and Verification in the Digital Age

Zero-Knowledge Everything: Trust, Privacy, and Verification in the Digital Age

byOlu Omoyele
30 August 2025
0

...

What Happens When AI Gets a Wallet?

What Happens When AI Gets a Wallet?

byOlu Omoyele
31 July 2025
0

...

The Game-changing Triumvirate: Blockchain, Data Science, and Artificial Intelligence

The Game-changing Triumvirate: Blockchain, Data Science, and Artificial Intelligence

byOlu Omoyele
30 June 2025
0

...

Markets Update

Network Tokens on the Edge: Commodities vs Securities and the SEC’s Next Big Move

2 days ago

Tether Eyes $20B Fundraise at $500B Valuation

4 days ago

Do Tokenized Stocks Confuse Investors? Risks You Should Know

1 week ago

Can Europe’s Stablecoin Ambitions Withstand Pressure From the US and China?

1 week ago

Your Weekend Crypto Roundup | September 2025 (Week 3)

1 week ago

Crypto, Privacy, and Judicial Authority in the United States

1 week ago
Read More

Events

Blockchain Life 2025
Blockchain Life 2025
28 Oct 25

Spotlight

All about Ethereum
All about Algorand
All about Bitcoin
All about Gora

Press Releases

Pepeto Highlights $6.8M Presale Amid Ethereum’s Price Moves and Opportunities

bychainwire
26 September 2025
0

LYS Labs Moves Beyond Data and Aims to Become the Operating System for Automated Global Finance

bychainwire
26 September 2025
0

Dexari Unveils $1M Cash Prize Trading Competition

bychainwire
26 September 2025
0

KuCoin Appeals FINTRAC Decision, Reaffirms Commitment to Compliance

bychainwire
25 September 2025
0

Phemex Revamps Blog to Deliver Deeper Insights and Enhanced Reader Experience

bychainwire
25 September 2025
0

Read More

ADVERTISING

ABOUT

TEAM

CAREERS

CONTACT

TERMS & CONDITIONS

PRIVACY POLICY

© Copyright 2025 DeFi Planet

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Please enter and activate your license key for Cryptocurrency Widgets PRO plugin for unrestricted and full access of all premium features.

Add New Playlist

No Result
View All Result
  • News
    • People
    • Business
    • Crime
    • Regulation
    • Crypto
    • CBDC
  • Market Analysis
    • Bitcoin
    • Ethereum
    • Stablecoins
    • Altcoins
    • Crypto ETFs
    • Memecoins
  • Policy
  • Articles
    • Press Releases
    • Opinion
    • Explainers
    • Guest Post
    • Sponsored
  • Directory
    • Companies
    • People
    • Products
    • Wallets
  • Multimedia
    • Videos
    • Podcasts
  • Learn
    • DeFi Basics
    • Tutorials
    • Reviews
    • Blockchain Fundamentals
  • Research
    • Case Studies
  • Explore
    • DeFi
    • Crypto Gaming
    • NFT
    • DAO
    • Metaverse
    • Glossary
  • Jobs
  • Markets Pro
    • DeFi Planet Pro
    • Spend Crypto
    • Swap Crypto
    • Coin Prices
    • Crypto Exchanges
    • Crypto Analyzer

© Copyright 2024 DeFi Planet   |   Terms & Conditions   |   Privacy Policy

-
00:00
00:00

Queue

Update Required Flash plugin
-
00:00
00:00