A multi-chain crypto lending protocol called FilDA Finance witnessed a $700,000 exploit on April 23. The hackers used Elastos Smart Chain (ESC) and REI Network to steal the funds.
According to on-chain data shared in a blog post by FilDA, hackers linked ELA tokens, ESC’s native cryptocurrency, to Binance Smart Chain (BSC) and Ethereum, and finally to the popular crypto mixer, Tornado. Cash.
“We became aware of the potential platform exploit in the early hours of this morning and we continue to analyze on-chain activity working alongside CEX, security partners and the ecosystem to help trace and monitor these addresses.”
FilDA wrote in a statement.
Additionally, the loan protocol added that the team is already trying to trace the hackers with other security companies as they have “also uncovered links to IP addresses”.
According to data provided by Arkham Intelligence, the hacker has already moved all the funds to different addresses. The exploit address, according to the data, currently holds around $40 worth of BNB and ETH.
FilDA has also halted operations of the ESC and REI network until the current situation regarding the two platforms is resolved.