Thursday, April 25, 2024
11.7 C
New Jersey

ESCO and REI network defrauded of roughly $700 thousand using FilDA

Must read

Gherardo Fiorenzo
Gherardo Fiorenzo is an Italian author with a unique perspective shaped by his experiences in Italy and the US. His thought-provoking articles, short stories, and reviews explore the intersections of language, identity, and culture.

Multi-chain crypto lending protocol FilDA Finance saw the exploitation of $700,000 on April 23rd. Hackers used the Elastos Smart Chain (ESC) and the REI network to steal funds.

According to the onShares data in Blog post Via FilDA, the hackers accessed the ELA and ESC tokens native cryptocurrency to Binance Smart Chain (BSC), Ethereum, and finally to the popular crypto mixer Tornado Cash.

“We became aware of Potential platform exploitation in in early time hours of This morning we continue to analyze on- Chain activity by working alongside CEX, security and ecosystem partners help Track and monitor these addresses.

FilDA Books in a permit.

Moreover, lending protocol added that team He is already Trying to track hackers with Other security companies because they “discovered links to IP addresses, too.”

According to data provided by Arkham Intelligence, the hacker has already Transfer all funds to different addresses. The user’s address according to the data currently Holds approximately $40 worth of BNB and ETH.

FilDA has also Even ESC and REI Network operations have stopped current The situation has been resolved regarding the two platforms.

More articles

Leave a Reply

Latest article