Prisma Finance News
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2024
May / 22 -
2024
May / 15- Sonne Finance Cyberattack Leads to Multi-Million Dollar Loss
- May 15, 2024 at 12:33 pm
- Sonne Finance, a liquidity market protocol operating on Optimism and Base, has been hit by a significant cyber attack. Blockchain security firm Cyvers detected the attack on May 15 in the early morning of Asia, initially estimating losses of $3 million. However, the situation worsened rapidly, with Cyvers updating the loss estimate to $20 million within 30 minutes. Sonne Finance has acknowledged the incident on Twitter and suspended all markets on Optimism, while markets on Base remain unaffected.
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2024
Apr / 18- MetaWin Pioneers Tokenized Tesla Cybertruck Giveaway on Ethereum Layer 2 Blockchain
- Apr 18, 2024 at 12:17 am
- In a groundbreaking move, MetaWin and BCLP have tokenized a Tesla Cybertruck, creating a digital asset representing full ownership. This NFT, built on Ethereum Layer 2 blockchain, offers participants a chance to win the Cybertruck through a transparent on-chain process.
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2024
Apr / 17- Prisma Finance 黑客曝光:区块链调查后身份曝光
- Apr 17, 2024 at 08:10 pm
- Before the $11 million exploit, Prisma Finance held around $220 million, which dropped significantly to $115 million post-attack. Weeks of investigation by blockchain investigator ZachXBT revealed the identity of the hacker, identified as 0x77 or Trung, whose wallets were funded through the automated exchange FixedFloat. Analysis traced the funds to Arbitrum, TRON blockchain, and Bybit, linking the hacker to previous exploits such as Arcade_xyz and Pine Protocol.
- Blockchain Detective Unmasks Alleged PrismaFi Hacker, Exposing Extortion
- Apr 17, 2024 at 05:03 pm
- Crypto detective ZachXBT has identified the alleged PrismaFi hacker, known as 0x77 (or Trung). The hacker is believed to be responsible for stealing $11.1 million worth of crypto from the protocol. ZachXBT's investigation revealed that the exploiter's address received funds via FixedFloat and was subsequently located on Arbitrum. The exploiter is also connected to previous exploits, such as the Arcade_xyz exploit and the Pine Protocol exploit.
- PSG Fan Token Soars After Barcelona Rout
- Apr 17, 2024 at 10:08 am
- Paris Saint-Germain fan token (PSG) surged 25% after the French club's 4-1 victory over Barcelona in the second leg of their UEFA Champions League quarterfinal tie. The token spiked after PSG scored their first goal early in the first half and continued an upward trajectory until midway through the second half, reaching a peak of $5.45. However, PSG's rally failed to hold above $5 and had retraced at the time of writing.
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2024
Apr / 06- Uniswap Protocol Shatters Records, Surpasses $2 Trillion in Trading Volume
- Apr 06, 2024 at 07:25 pm
- The Uniswap protocol has recently surpassed $2 trillion in trading volume, marking a significant milestone for decentralized exchanges. Founded in 2018, Uniswap allows users to trade tokens directly from their wallets without intermediaries, using an automated market maker model. The protocol's success can be attributed to its intuitive interface, liquidity pools, and wide token support.
- Cryptocurrency Landscape Transforms: Innovation, Regulation, and Growth in Motion
- Apr 06, 2024 at 12:27 am
- This week's cryptocurrency news highlights major industry developments, including Uniswap reaching a $2 trillion trading volume, a resurgence in crypto VC funding, and stricter regulations in South Korea. Experts predict that Bitcoin mining profitability may not decline post-halving, while Australia anticipates the launch of a spot Bitcoin ETF within two months. Binance restricts unverified sub-accounts on its Exchange Link program, and Grayscale removes ADA and ATOM from its portfolio. Sony Bank tests a yen-backed stablecoin, Prisma Finance plans a protocol restart with DAO support, and Paradigm leads a $20 million funding round for Ellipsis Labs' DeFi expansion. These updates demonstrate the dynamic and evolving nature of the blockchain and cryptocurrency landscape, shaping its future growth and adoption.
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2024
Apr / 03- FixedFloat Hit by Repeat Hack, $3 Million Swiped; Tether Freezes Stolen Funds
- Apr 03, 2024 at 06:21 pm
- FixedFloat cryptocurrency exchange has been exploited once more by the threat group responsible for a previous $26 million hack. Blockchain security firms detected suspicious activity early Tuesday, with $2.8 million withdrawn from FixedFloat's Ethereum hot wallet. The funds were transferred to a suspicious address and exchanged for ETH before being sent to the eXch exchange. FixedFloat confirmed the attack and attributed it to a vulnerability in the services provided by a third party. The exchange assures users that the exploit affected only company funds and did not compromise user funds. Stablecoin giant Tether blacklisted seven wallet addresses that received funds from FixedFloat, totaling $280,000 in USDT.
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2024
Apr / 02- Munchables Beefs Up Security After Near-Catastrophic $62.5M Hack
- Apr 02, 2024 at 05:35 pm
- Following a high-profile theft of $62.5 million, NFT game Munchables has announced comprehensive security upgrades to prevent future incidents. The game, which was hacked by an in-house developer, is implementing new multisig signers, including Manifold Trading, Selini Capital, and ZachXBT, to enhance the security of user funds.
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Communtity feeds
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- Twitter source
- !Viper.Masol Nov 24, 2024 at 08:10 am
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- Twitter source
- A Chill Guy Nov 24, 2024 at 08:07 am
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- Twitter source
- // Kadense° (🐧,🤍) Nov 24, 2024 at 07:45 am
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- Twitter source
- Finley La Pick Nov 24, 2024 at 07:44 am
Had to change outfits real quick, but I'm back. Cardano’s not just a blockchain, It’s a vision for beige and change. It’s where I belong. $ADACardano’s not just a blockchain, It’s a vision for beige and change. It’s where I belong. #CardanoGirls $ADA x.com/lilybrodi/stat… -
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