The DeltaPrime defi protocol was hacked for the second time in two months, losing $4.8 million in Arbitrum and Avalanche tokens. The attacker appeared to have exploited a flaw in one of the platform's smart contracts that enabled them to borrow more than they put up in collateral.
DeltaPrime paused the protocol on both Arbitrum and Avalanche, stopping the attacker from being able to steal more funds than they already had.
DeltaPrime was hacked previously on September 16, losing $6 million after a leaked private key enabled an attacker to mint a huge number of the platform's stablecoin deposit receipts.