News with the tag "Prisma Finance"

Prisma Finance, an exemplary platform for decentralized finance (DeFi), has launched its protocol with DAO’s full backing since its inception. The action was taken after the spotlight on the same platform after obtaining an anomaly of $11.6 million, which resulted in the temporary suspension of oper...

A hacker behind the $11 million Prisma Finance exploit claims to be a white hat but first demands a public apology while sending $2.5 million in funds to Tornado Cash.

On Thursday, March 28, a hack occurred on Prisma Finance, a decentralized lending protocol on the Ethereum network. The exploiter carted away about 3,257.7 ETH (equivalent to $11.6 million) via a flash loan attack on the protocol. On Friday, March 29, the Prisma Finance hacker transferred some of th...

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

Bad actors have exploited decentralized finance (DeFi) protocol Prisma Finance and stole 3,257.69 Ethereum (ETH) worth $11.6 million, according to PeckShield. The blockchain security and analytics firm flagged the suspicious activity after the hacker initially siphoned $8.1 million worth of funds fr...

Wallets connected to the hackers behind Prisma Finance’s $11.6 million exploit transferred 1840 ETH ($6.5 million) to crypto mixer Tornado Cash in multiple transactions.

Prisma Finance has faced a major setback as it has lost the sum of $9 million through a major hack identified by Cyvers The post Prisma Finance Faces Major Setback as $9M Lost Via Hack appeared first on Latest News and Insights on Blockchain, Cryptocurrency, and Investing .

The decentralized finance (defi) entity, Prisma Finance, has fallen prey to a security breach, with onchain detectives revealing that $11.6 million has been pilfered from its liquid staking protocol. Prisma Finance in Turmoil: $11.6M Lost to Hackers, Emergency Measures Activated On a recent Thursday...