Prisma Finance $11.6 million exploit leads to asset value plummet, mkUSD stablecoin instability

Ethereum liquid restaking platform Prisma Finance said its vaults were exploited earlier today for an undisclosed sum.
According to the protocol:

“Prisma Protocol has been paused by the emergency multisig and remaining funds are safe.

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Munchables recovers $62.5 million in user funds after exploit linked to North Korean hacker

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Over $2 million in Ethereum stolen in sophisticated phishing scheme

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WOOFi offers 10% bounty in race to recover $8 million stolen in flash loan exploit

The total value of assets locked on the decentralized exchange (DEX) WOOFi plunged by nearly 20% to $45 million after it confirmed it was exploited via a flashloan attack.
The hack
Earlier today, WOOFi detailed how it fell victim to a hacking episode within 13 minutes.

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Crypto losses hit $67 million in February, pushing yearly losses to $200 million – Immunefi

Crypto industry losses amounted to $67 million in February over 12 incidents, with hacks accounting for 97.54% of funds stolen, according to Immunefi’s latest crypto losses report.
Meanwhile, the remaining 2.46% of the funds stolen were lost due to fraud.

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Tornado Cash website, discord offline after community finds malicious code in protocol’s backend

Crypto mixer Tornado Cash has reportedly fallen victim to a significant backend exploit that has put user deposits and sensitive data at risk.
The security breach was revealed in a Medium post by Gas404, a community member, on Feb. 26.

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