A hacker who identified as a white hat revealed demands to Prisma Finance developers following an attack that resulted in a significant decline in the protocol's total locked value. The hacker requested an online press conference where team members would showcase their KYC credentials and issue apologies. However, suspicions arose when it was discovered that the hacker had used Tornado Cash to conceal over 3,000 ETH, raising questions about the hacker's true intentions.
Subsequent to the attack, the total locked value in the protocol decreased from around $220 million to $115 million. In response, Prisma Protocol implemented an emergency multisig pause to safeguard remaining funds. Despite the incident, Prisma Finance assured users of the safety of stablecoins like mkUSD and ULTRA, emphasizing their over-collateralization.
The perpetrator of the attack asserted that it was a "white hat recovery" operation and implied an intention to return the funds. It is essential to note that the information presented here does not constitute investment advice.
