Hackers Use Bridging Mechanism to Steal $700k from FilDA

• FilDA experienced a significant exploit on Elastos Smart Chain and REI Network.
• The hackers used a bridging mechanism to move out ELA tokens.
• A bounty was promised to the attackers by FilDA if they would return the exploited funds

In a tweet on Monday, the blockchain security firm PeckShield disclosed that FilDA, a decentralized finance (DeFi) platform, experienced a significant exploit on Elastos Smart Chain (ESC) and REI Network. The security firm estimated the loss from the exploit to be around $700,000.

#PeckShieldAlert FilDA has announced that it suffered a $700K exploit on Elastos Smart Chain (ESC) and REI Network.
The exploiters bridged ~80K $ELA to #BNBChain, swapped them for ~326 $BNB, and then deposited the funds into Tornado Cash.
In addition, they bridged 200K $ELA to… https://t.co/D0mJ8y6A0L pic.twitter.com/bZZyS4fU4l

— PeckShieldAlert (@PeckShieldAlert) April 24, 2023

According to PeckShield, the perpetrators used a bridging mechanism to move around 80,000 Elastos tokens (ELA) worth more than $100,000 to the BNB Chain, exchanging them for approximately 326 Binance Coin (BNB). Furthermore, the attackers cashed about 200,000 ELA tokens to Et…

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