Prisma Finance hacker defends exploit, demands public apology

  • 📰 TheBlock__
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 53%

Business News News

Business Business Latest News,Business Business Headlines

The outrageous demands left many Prisma Finance users skeptical, especially since the hacker has already hidden millions of dollars.

One of the wallets tied to the hack of Prisma Finance, a liquid staking protocol that was exploited for $11 million by multiple attackers on Mar. 28, has claimed to be a "white-hat" hacker interested in returning funds to the protocol, rather than a "black-hat" hacker who would keep the funds for themself.

In an on-chain message to Prisma Finance, the hacker criticizes the Prisma team for not catching the mistake, and claims that the press conference would help send a message to the entire decentralized finance space. "I hope this would help ppl be more careful participating in defi, the teams would be more responsible, and everyone would change their minds about things like this," the hacker wrote in an on-chain message to Prisma Finance.

Occasionally, hacked protocols are able to recover funds by negotiating with attackers. However, the hacker's unusual demands, coupled with their transfers of over $2.5 million in ether to blockchain mixing service Tornado Cash, have left many Prisma Finance users skeptical of the hacker's true motives.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 464. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Prisma Finance exploited in $10 million breachPrisma finance engineers have already halted the protocol to investigate the attack.
Source: Cointelegraph - 🏆 562. / 51 Read more »

Prisma Finance appears to have been hacked for $9 million in ongoing exploitPrisma Finance appears to have been exploited for $9 million, according to on-chain data from blockchain security experts.
Source: TheBlock__ - 🏆 464. / 53 Read more »

Prisma Finance $11.6M hacker claims it was a ‘whitehat rescue’The hacker behind Prisma Finance’s $11 million exploit claims it was done as part of a “whitehat rescue” and is supposedly now looking to return the funds.
Source: Cointelegraph - 🏆 562. / 51 Read more »

Prisma Finance Hacker Claims ‘Whitehat Rescue’ After $11.6 Million ExploitCrypto Blog
Source: Crypto_Potato - 🏆 568. / 51 Read more »