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Prisma Finance, a DeFi platform, has been under attack with losses of approximately $11.6 million due to ongoing flashloan attacks. The attacker has stolen over 3,000 $wstETH. PrismaFi has asked its vault owners to disable delegate approval to mitigate the exploit. The protocol has been paused, and investigations are ongoing to address the security breach.
The self-proclaimed white hat hacker asked the Prisma Finance team to hold an online press conference where all team members would demonstrate KYC and apologize. However, data shows that he used Tornado Cash to mix more than 3k ETH, which is more like a hacker attack.…
Analytical platform PeckShield announced the movement of assets from addresses related to the hacking of the Prisma Finance protocol https://t.co/SVOUJgOK6Y
PRISMA FINANCE PUBLISHES POST-MORTEM REPORT ON $11 MILLION HACK On March 28th, 2024, at 11:25 UTC, an attacker exploited a vulnerability in the MigrateTroveZap contract, leading to the loss of around 3,257 ETH. Two other attackers managed to steal smaller amounts of wstETH.… https://t.co/G1rcsMOYrJ