03 Jan 202409:03
Project update
Orbit Chain’s bridge has lost ~$81.5 million in a hack
On December 31st, an “unidentified access” to the Orbit Bridge have sent $50M in stablecoins, 230.8 wBTC (~$10M) and 9,530 ETH (~$23M) to fresh wallet addresses. Orbit Chain has yet to disclose the exact nature of the hack.
Source