A cross-chain bridge service that supports more than 15 public blockchains Orbit Bridge, $80 million worth of assets on the platform cryptocurrency It was hacked by an unknown attacker.
Attacker WBTC, USDT, USDC And DAI used different new wallets for and in one large transaction 9,500 from Orbit to an unknown wallet ETH (21,733,596 USD) was transferred. The attack was detected by some users who noticed that test transactions appeared in the Orbit Bridge browser, but larger ones did not.
The Orbit Bridge team has not yet made an official statement about the hacking incident and has not disclosed the exact amount of losses. However, some sources claim that the total losses were over $80 million, making it one of the largest cross-chain bridge hacks in history. Cross-chain bridge hacks became a common occurrence last year, with hackers exploiting vulnerabilities in bridge contracts to spoof messages and mint new tokens.
Orbit Bridge users are advised to stop using the service until further notice and monitor their wallets for any suspicious activity.
*This is not investment advice.
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