According to Etherscan.hackerTheft of $81.68 million USDT, $10 million USDC, 9,500 ETH, 231 WBTC, and $10 million DAI, which were transferred to an unknown wallet address.
The Orbit Chain team confirmed the attack on Twitter and said it is working with law enforcement to investigate. The team also said that they are taking steps to fix the vulnerability and will offer compensation to affected users.
Orbit Bridge It's the Orbit Chain protocol.cross-chain bridgingservice that allows users to transfer assets between different blockchains. The bridging service has processed more than $1 billion in transactions since its October 2022 launch.
The attack is the first major security incident to hit the Orbit Chain protocol since its launch. The incident has also raised concerns about the security of cross-chain bridging services.
Orbit Bridge hacking attackHighlighting once again thecryptocurrencyThe importance of security. Cryptocurrency investors should be aware of the potential risks of cross-chain bridging services and take steps to protect their assets.
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