FilDA Exploit Update 2

FilDA
2 min readApr 27, 2023

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April 27th, 2023

We continue to liaise with the hacker, partners and advisors with regards to the incident last weekend. Progress is being made and funds are being returned and retrieved.

See below to see the status of funds that are now back with FilDA:

Recovered by FilDA

  • 80,000 ELA

Returned by hacker

  • 162,000 ELA
  • 21,079 DAI
  • 16.83548254 ETH

Assistance from exchanges and law enforcement is ongoing and we can only comment when these actions are finalised.

Re-opening FilDA on Elastos Smart Chain (ESC) and REI Network

As previously reported, the attack vector has been identified and isolated. Further testing and security reviews are ongoing and we will only re-enable lending and borrowing on ESC and REI when the safety of users’ assets can be assured.

The exploit is not possible on the other FilDA supported blockchain networks due to the attack targeting deprecated markets that only existed on ESC and REI. For example, the HBTC market on ESC was empty and the exchange rate between cHBTC and HBTC was manipulated by the hacker.

With no similar attack vectors identified, the FilDA platform continues to operate on IoTeX and HECO, and on Polygon, BSC, Arbitrum, Kava EVM and BTTC with Alpha FilDA (no token). Testing is also underway for zkSync on their testnet.

Thank you for your continued patience and understanding.

The FilDA Team

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FilDA
FilDA

Written by FilDA

FilDa is your portal into the next wave of decentralized finance.

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