"Over $80m in Crypto Stolen in Cyberattack on Orbit Chain"

Over $80m worth of cryptocurrency was recently stolen following a cyberattack on the cross-chain bridge project Orbit Chain.  The blockchain revealed the incident on January 1, 2024, informing users that an “unidentified access” to Orbit Bridge was confirmed on December 31, 2023.  The attackers stole 26,741.6 of Ether (ETH), which were transferred to five wallet addresses, and around 15,498,358 of DAI (a stablecoin on the Ethereum blockchain) transferred to three addresses.  This is worth a total of around $84.5 million at current prices.  Orbit Chain, which was founded in South Korea in 2018, says it has attempted to communicate with the hackers, delivering two messages to them.  It is also working with law enforcement and global security experts to track down and freeze the stolen assets.  Users were warned that any reimbursement claims currently circulating are scams and told customers to refer to the Orbit Chain official page for updates.

 

Infosecurity reports: "Over $80m in Crypto Stolen in Cyberattack on Orbit Chain"

Submitted by Adam Ekwall on