Did Orbit Chain Experience an $81.7M Hack on New Year's Eve? 💸
Hackers targeted #Orbit Chain's bridging service, exploiting Orbit Bridge for an $81.7 million heist on New Year's Eve.
Pseudonymous Twitter user Kgjr flagged the #breach , leading to large outflows. Hackers moved $82 million in Tether, USD Coin, Ether, Wrapped Bitcoin, and DAI. The breach's nature remains unknown.
Orbit Chain, linked to Klaytn network, hasn't commented. Launched in 2018, Orbit Chain focuses on #cross-chain transfers between decentralized networks, not to be confused with Orbiter Finance.
