Cross-chain bridge protocol Orbit Chain reports it has just been hacked. Although the exact cause is not yet known, Orbit Chain claims to have lost $81.5 million or the equivalent of IDR 1.2 trillion in crypto and stable coins.

The loss is an accumulation of five different transactions, namely $50 million in stable coins (Theter, DAI, and USDC), $10 million in wBTC, and $21.5 million in Etherium.

For information orbit chain is a multi-asset blockchain that focuses on transfers between different decentralized networks. Typically used to transfer assets between EVM and Klaytn compatible networks.

sumber : Academy crypto

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