Prism Relaunches on New Contract After Exploit Diverted Nearly 40% of Fees

A pseudonymous team is redeploying the Uniswap v4 token that pays fees to everyone who holds it, after a bad actor created 2,500 ‘phantom’ fee positions. The original token has crashed more than 90% in a day. According to The Defiant, a pseudonymous team is redeploying the uniswap v4 token that pays fees to everyone who holds it, after a bad actor created 2,500 ‘phantom’ fee positions. the original token has crashed more than 90% in a day.. The development comes amid ongoing regulatory scrutiny in the sector. The Defiant reports that this marks a significant milestone for the industry. The The Defiant report provides additional context on the implications for market participants and regulatory frameworks moving forward.