Orbit Chain bridge hacked for $81.5 million

While the world was busy celebrating the New Year, hackers were siphoning funds from yet another project.

Blockchain security experts reported that Orbit Chain lost about $81 million because attackers gained access to seven of the ten signatures of the multisig wallet.

Amid the attack, the price of the native ORC protocol token fell by almost 20%. At the time of writing, it is trading at $0.057.

According to him, the hackers stole the following assets:

30 million USDT

10 million USDC

10 million DAI

230,879 Wrapped Bitcoin (WBTC) worth $9.7 million

9500 Ethereum

ETHUSD

for the amount of $21.7 million

#bitcoin #etherem

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