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DeltaPrime

Sep 16, 2024

$6.0M
Lost
$6.0M
Recovered
$0
Net loss
$6.0M
Unrecovered0% recovered

98M exploit on September 16, 2024 when an attacker compromised the ProxyAdmin private key (not multi-sig protected). The attacker used it to upgrade liquidity pool proxy contracts to malicious implementations that allowed unlimited minting of deposit receipt tokens and systematic draining of USDC, WBTC, and WETH pools.

Target
DeFi
Classification
Key Compromise
Technique
Private Key Compromised
Attribution
Unknown
Chains
Arbitrum

Event timeline

  1. Sep 16, 2024
    Exploit executed — $6.0M drained via private key compromised
  2. Attributed to Unknown
  3. Recovery status Unrecovered 0%

Data credits

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