Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
Crypto Flexs
Home»ADOPTION NEWS»Prisma hacker-linked wallet moves funds to Tornado Cash after $11 million heist
ADOPTION NEWS

Prisma hacker-linked wallet moves funds to Tornado Cash after $11 million heist

By Crypto FlexsMarch 29, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Prisma hacker-linked wallet moves funds to Tornado Cash after  million heist
Share
Facebook Twitter LinkedIn Pinterest Email

Posted 1 minute ago In ~

Updated: March 29, 2024, 6:43 AM EDT

According to security firm PeckShield, a wallet linked to the hackers behind Prisma Finance’s $11.6 million exploit transferred 18.40 ETH ($6.5 million) to cryptocurrency mixer Tornado Cash over several transactions.

$2.7 million In the ether, they were all routed to Tornado. $3.8 million In another case, PeckShield pointed out:

Cryptomixers are used to obfuscate the origin of cryptographic tokens frequently used by rogue cyber actors in North Korea.

The attack on Prisma Finance occurred yesterday, resulting in the theft of assets held on the protocol, including mkUSD and wrapped stETH.

Prisma Finance also Confirmed They discovered an exploit against X and announced that the Prisma protocol has been suspended to protect remaining funds. It claimed that the mkUSD stablecoin is overcollateralized and not at risk.

The DeFi protocol shared a post-mortem analysis of the exploit on X and said it would work to recover the stolen funds.

According to Immunefi’s latest report, in the first quarter of 2024, the cryptocurrency industry lost a whopping $336 million due to hacks and fraud.


Disclaimer: The Block is an independent media outlet delivering news, research and data. As of November 2023, Foresight Ventures is a majority investor in The Block. Foresight Ventures invests in other companies in the cryptocurrency space. Cryptocurrency exchange Bitget is an anchor LP of Foresight Ventures. The Block continues to operate independently to provide objective, impactful and timely information about the cryptocurrency industry. Below are our current financial disclosures.

© 2023 The Block. All rights reserved. This article is provided for informational purposes only. It is not provided or intended to be used as legal, tax, investment, financial or other advice.

About the author

Danny Park is The Block’s East Asia reporter, writing about topics including Web3 development and cryptocurrency regulation in the region. He previously worked as a reporter for Forkast.News, where he actively covered the fall of Terra-Luna and FTX. Based in Seoul, Danny previously produced written and video content for media companies in Korea, Hong Kong and China. He holds a Bachelor’s degree in Journalism and Business Marketing from the University of Hong Kong.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

The robot of 1x Technologies aims to revolutionize ordinary work with AI.

June 5, 2025

The Ether Leeum Foundation summarizes a comprehensive financial policy.

June 5, 2025

Ray for the square and scalable AI solutions and RAG pipelines on all scale

June 5, 2025
Add A Comment

Comments are closed.

Recent Posts

Arca EXEC writes a scratch on Circle after IPO

June 6, 2025

The robot of 1x Technologies aims to revolutionize ordinary work with AI.

June 5, 2025

Trump is a magical Eden encryption wallet tie, Trump coin deep 13%

June 5, 2025

Bitcoin prices slide again, causing new fear of deeper modifications.

June 5, 2025

The Ether Leeum Foundation summarizes a comprehensive financial policy.

June 5, 2025

Using BCC mining increases daily passive income of $ 57,700

June 5, 2025

Ray for the square and scalable AI solutions and RAG pipelines on all scale

June 5, 2025

Economist Henrik Zeberg says that Altcoins is trying to start an explosive stage and updates Outlook and Under-The Radar Crypto for Dogwifhat.

June 5, 2025

How Algorand is quietly building the future of finance around the world

June 5, 2025

As the network activities are slow, Ether Room is unlikely to break $ 3,000 in the short term.

June 5, 2025

AI TOKEN LIVEPEER (LPT) cuts 150% and then falls 40% -What is the leading volatility?

June 5, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Arca EXEC writes a scratch on Circle after IPO

June 6, 2025

The robot of 1x Technologies aims to revolutionize ordinary work with AI.

June 5, 2025

Trump is a magical Eden encryption wallet tie, Trump coin deep 13%

June 5, 2025
Most Popular

Create custom layouts in Kraken Pro

January 8, 2024

Bitfarms Expands Board of Directors and Appoints Andrew J. Chang as Independent Director

November 24, 2024

Assessing ADA’s future direction as Cardano transactions surge

June 24, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.