Hacker’s On-Chain Messages
After stealing $11.6 million from Prisma Finance, the hacker has been sending messages on the blockchain. They claim to be a “white hat hacker” and have criticized Prisma Finance for not catching the security flaw that allowed the hack.
The hacker has demanded an online press conference where the Prisma Finance team would apologize and explain their mistake. They also emphasized the need for users to be cautious in the DeFi industry.
Prisma Finance’s Response
Prisma Finance has paused all operations on its protocol after the hack. The total value locked on the platform has dropped by 61%.
Crypto Hack Losses Decline in 2024 Q1
According to a report by Immunefi, the cryptocurrency industry experienced fewer losses due to hacks and scams in the first quarter of 2024. DeFi protocols remain the primary targets for cyber attackers.
