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Prisma Finance hacker defends exploit, demands public apology 😱

Prisma Finance hacker defends exploit, demands public apology 😱

Resuming the Play: Cryptic Hacker’s Demand for Accountability and Refund

As a crypto enthusiast, you might have heard about the recent hack of Prisma Finance, where multiple attackers exploited the liquid staking protocol and made off with $11 million. Now, one of the wallets linked to the hack claims to be a “white-hat” hacker, expressing interest in returning the funds to the protocol. However, there’s a catch—before doing so, the hacker demands the Prisma Finance team to hold an online press conference, reveal their identities, publicly apologize, and appreciate the hacker’s efforts in resolving the issue.

Cryptic Demands and Criticisms 🕵️‍♂️

  • The hacker criticized the Prisma team for failing to detect the exploit and asked for a public acknowledgment through an online press conference.
  • This demand aims to send a strong message to the decentralized finance space to enhance security measures and accountability.
  • The hacker proposed a discussion on the amount to be retained and returned, assuring that a significant portion would be refunded.

The crypto community is no stranger to negotiation attempts with hackers following breaches, but the peculiar demands and actions of this hacker, including transferring funds to a mixing service, have raised doubts among Prisma Finance users about their true intentions.

User Skepticism and Paused Protocols 🤨

  • Users on Prisma Finance’s Discord server expressed skepticism regarding the hacker’s intentions and actions, questioning the legitimacy of their motives.
  • The protocol has been temporarily paused, and a detailed post-mortem on the attack highlighted a vulnerability related to a smart contract function lacking input validation.
  • While the primary focus remains on recovering all user funds, the team plans to unpause the protocol once the safety of all positions is ensured.

Despite the hacker’s message, Prisma Finance is yet to respond to the demands and has not issued a comment, leaving the situation uncertain and the community wary of the hacker’s promises.

Hot Take: Uncertainty Looms Over Prisma Finance’s Hacked Funds 🌐

For crypto followers and investors, the recent hack of Prisma Finance and the subsequent demands made by the so-called “white-hat” hacker have raised questions about cybersecurity in decentralized finance platforms. The uncertainty surrounding the return of the stolen funds and the lack of clarity from both the hacker and the protocol team leave the community in a state of ambiguity and caution. As the situation unfolds, it underscores the importance of robust security measures and transparent communication in the crypto space to protect users and investments.

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Prisma Finance hacker defends exploit, demands public apology 😱