Cross-chain protocol Orbit Chain (ORC) has suffered a cyber attack worth tens of millions of dollars.
cryptocurrency market 2024 First significant hacking case of the year Orbit Chain He lived in private. Cross-chain protocol in the first hours of the year $81.5 million was at the center of an attack.
$81.5 million worth of assets stolen from the protocol $50 million in stablecoins created. The attacker seized all assets A number of new wallets in 5 separate transactions transferred.
Offered by Lookonchain to data according to 30 million Tether (USDT), 10 million DAI And 10 million USD Coin (USDC) was among the stolen assets. An additional $10 million worth 231wBTC and worth approximately $21.5 million At 9,500 ETH became part of the balance sheet of the attack.
About subject in the statement The Orbit Chain team found stolen money from major global cryptocurrency exchanges. freeze assets he demanded. Stating that it is cooperating with law enforcement, the team said that all stolen funds and sent wallets were recovered. close follow-up was carried out emphasized:
As the Orbit Chain team, we requested major global cryptocurrency exchanges to freeze stolen assets. We also collaborate with global security experts, including Theori, to respond to issues and track funds in real-time. We are also in talks with 26 global security companies about closer cooperation. We are in close contact with law enforcement and are working diligently to track and freeze stolen assets.
According to CoinGecko data, due to the attack, the local token of the protocol, ORC, was destroyed in a short time. more than 20% losing value 0.070 at dollar level 0.054 fell to the dollar. ORC at the time of writing from $0.056 is being traded.