Following an $11.6 million exploit last week, Prisma Finance, a decentralised borrowing protocol, urges 14 linked accounts to revoke a compromised smart contract to prevent further loss.

Despite efforts, $540,000 in funds are still at risk, with Prisma Finance seeking cooperation from these accounts to mitigate the situation.

The "white hat" hacker behind the exploit demands an apology from Prisma Finance and disclosure of its team's identities before considering returning the stolen funds.

Prisma Finance outlines a "path forward," prioritising unpausing the protocol to ensure user safety, with core contributor "Frank" stressing the importance of users securing their wallets and positions.

The firm remains focused on recovering the lost funds and restoring full functionality to the protocol amid ongoing challenges.