Prisma Finance says $540K still at risk, hacker demands team reveal themselves

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Prisma Finance warns there is still $540,000 at risk of exploit related to last week's $11.6 million hack.

The decentralized borrowing protocol said there were still 14 accounts that have yet to revoke the affected smart contract that caused $11.6 million to be exploited last week.

The protocol suffered a multimillion-dollar exploit last week, which was later revealed to be the result of two MigrateTroveZap contracts, which were designed to migrate user positions from one trove manager to another,However, Frank noted that there were still 14 remaining accounts that had yet to revoke the affected smart contract, five of which were still “at risk” with open trove positions totaling over $500,000.

The largest “at risk" address contains $484,380, while the other four carry between $7,120 and $22,080.Frank explained that part of its “path forward” was to “conserve additional reserves” while Prisma attempted to recover the stolen funds.Prisma also stressed that the exploited contract was isolated from the core protocol and that it plans to restart it once the remaining user funds are safe.

 

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