Prisma Finance hacker could be uncovered after investigations by on-chain analyst

The Prisma attacker has connections with previous hacks in two web3 protocols. Attacker initially claimed the attack to be a white-hat rescue before depositing the stolen funds to sanctioned mixer Tornado Cash. The Prisma team has begun leveraging legal avenues in Vietnam and Australia to apprehend the attacker. In an X post on Tuesday, popular on-chain analyst@ZachXBT revealed key information that could lead to the potential apprehension of the attacker who hacked Prisma Finance on March 28.

3/ At first the attacker communicated with the Prisma deployer the attack was whitehat. Later that day all of the funds were deposited to Tornado Cash contradicting that statement. The exploiter began making outrageous demands and asked for a $3.8M whitehat bounty This… pic.twitter.com/vFdJCJM5mz — ZachXBT April 16, 2024 Investigations provide a ray of hope for Prisma An investigation by @ZachXBT revealed that the attacker leveraged an Arbitrum address, Tron address, and Bybit.

Canada Canada Latest News, Canada Canada Headlines

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

Prisma Finance Receives Strong Community Support for Proposal to Re-enable BorrowingPrisma Finance has received strong community support for its proposal to re-enable borrowing on the Prisma protocol. The protocol was paused on March 28, but the DAO members have voted 100% in favor of unpausing it. This will allow users to deposit liquid staking tokens and borrow stablecoins.
Source: Cointelegraph - 🏆 562. / 51 Read more »

Prisma Finance says $540K still at risk, hacker demands team reveal themselvesPrisma Finance warns there is still $540,000 at risk of exploit related to last week's $11.6 million hack.
Source: Cointelegraph - 🏆 562. / 51 Read more »

Prisma Finance hacker defends exploit, demands public apologyThe outrageous demands left many Prisma Finance users skeptical, especially since the hacker has already hidden millions of dollars.
Source: TheBlock__ - 🏆 464. / 53 Read more »

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