Prisma Finance exploited in $10 million breach

Prisma Finance engineers have already halted the DeFi protocol to investigate the attack.

Decentralized finance (DeFi) protocol Prisma Finance was exploited for around $10 million worth of cryptocurrencies on March 28.

On-chain security alert provider Cyvers were the first to detect the anomaly, according to a March 28 X post:

“Our system has detected multiple suspicious transactions with @PrismaFi and still ongoing! Total loss so far is around $9M. The attacker has been funded by @FixedFloat! Our system has detected the malicious contract 2 min earlier than hack transactions!”

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