FilDA Protocol Hacked: $700K Lost, What Happened and What's Next

FilDA, a platform that offers multi-chain lending services, has confirmed that it suffered an exploit in which hackers made off with $700K. The hack involved the ESC and REI Network and saw attackers transfer 80K $ELA to BNBChain and exchange it for around 326 $BNB before depositing it into Tornado Cash. The attackers also moved 200K $ELA to Ethereum, where it was exchanged for roughly 17 $ETH, and transferred 160K $ELA and $ETH. In response, FilDA is working to trace the addresses and monitor the situation with the help of CEX, security experts, and ecosystem partners. As a precautionary measure, the ESC and Rei FilDA platforms have been halted temporarily while a comprehensive review is conducted, and security measures are put in place to prevent similar incidents from happening.