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. According to PeckShield, the perpetrators used a bridging mechanism to move around The post Hackers Use Bridging Mechanism to Steal $700k from FilDA appeared first on Coin Edition .