Finance Prisma’s $11.6 Million Hacker Says It Was A “Rescue” For Whitehats

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Six hours or so after the attack, the hacker sent out an on-chain message. However, blockchain security companies did see that the hacker had also begun exchanging the pilfered money for Ether. According to on-chain communications, the hacker responsible for the $11.6 million attack on Prisma Finance’s decentralized finance (DeFi) protocol is claiming it was a “white rescue” and is asking for the money to be returned.

Approximately six hours after the assault on March 28, the exploiter responded, “Hey, this is a white rescue. Who can I contact to refund?” The address “0x2d4…7507a”—which was previously identified as one of three addresses connected to the attack—sent the message. 

Prisma Is Currently Looking Into The Primary Cause Of The Assault 

About two hours later, the DeFi company responded, saying, “Please contact us at [email protected].” A person who utilizes their hacking skills to identify security flaws in software code is known as a “white hat hacker.” In the larger context of cybersecurity, these security specialists frequently inform the attack vector’s inventor instead of taking advantage of it themselves. In the cryptocurrency space, hackers often take advantage of the protocol and then request amnesty in exchange for a white hat bounty, however, there have also been instances when they have returned money without requesting payment.

On March 28, at 11:29 am UTC, the first round of rogue transactions took place. The primary cause of the assault is currently being looked at by Prisma Finance.