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The PrismaFi stablecoin protocol was exploited for nearly $12 million, leading to emergency measures and investigations. Various entities like FortaNetwork, BTCTN, and PeckShieldAlert reported on the hack. The exploit involved transferring funds to Tornado Cash and caused a significant drop in the PRISMA price.
We've managed to recover @pendle_fi and the account is back in our control No funds are/were at risk and the Pendle protocol is secure. Post mortem 👇🏻
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.…
.@pendle_fi has lost access to its Twitter/X account. https://t.co/WB88iUJ11Y https://t.co/9twMUzEXwg
