CoinGape
2024-03-28 19:50:21

Prisma Finance Suffers Exploit, Drained $11 Million

Decentralized lending protocol Prisma Finance has suffered a major exploit with losses above $11 million sparking concerns for the wider crypto community. Blockchain security firm PeckShield flagged suspicious on-chain activity on March 28 with initial losses of $8.1 million. Following investigations, the total assets drained hit $11.6 million about 3,257 ETH. Similarly, blockchain alert firm The post Prisma Finance Suffers Exploit, Drained $11 Million appeared first on CoinGape .

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