Filament Exchange Hit by Hack, $572K Stolen

🟪Filament, a crypto exchange, has fallen victim to a cyberattack that resulted in the theft of at least $572,000. The attack occurred between 12:00 and 04:00 UTC, with hackers exploiting the order placement system and using large trades for price manipulation.

🟪The exchange quickly suspended trading and withdrawals and launched an investigation involving law enforcement and cybersecurity experts. The stolen assets were funneled through Symbiosis Bridge and eventually sent to FixedFloat.

🟪Filament has offered the attacker a $57,000 bounty for returning the funds. According to the platform, the perpetrator has begun cooperating. The team is actively working on asset recovery and is preparing a detailed incident report.