🔐 Over $80 Million Stolen in Orbit Chain Exploit, Assets 'Remain Unmoved'🚨💸

In a shocking turn of events, the cross-chain bridge project, Orbit Chain, fell victim to a "cyberattack" on Monday, resulting in the drainage of over $80 million from its bridge. Here are the key highlights of the incident:

🌐 The Heist Details:


Following an "unidentified access" on Orbit Bridge, the attacker made away with approximately $84.5 million, comprising 26,741.6 ETH (valued at $64.5 million) and nearly $20 million worth of the stablecoin DAI. The stolen funds are currently parked across multiple wallet addresses, and the attacker has yet to make any movements.

🚨 Immediate Response:


Orbit Chain, quick to respond, assured the community that the stolen funds "remain unmoved." The project is actively monitoring the assets, maintaining close contact with law enforcement agencies, and striving to establish communication with the attacker.

💼 Recovery Efforts:


Promising to exhaust "all available methods," Orbit Chain has collaborated with South Korea's National Police Agency and Internet & Security Agency (KISA). The project has developed a system for investigation support and cause analysis.

🔍 Investigation Ongoing:


While a detailed account of the exploit is yet to be disclosed, Orbit Chain is actively working on the investigation. Security firms are conducting comprehensive analyses to uncover the intricacies of the cyberattack.

🤔 Speculations and Concerns:


Amidst speculations about North Korean hackers being behind the exploit, Orbit Chain acknowledged that this possibility "has also occurred" to its team. Notably, North Korea has been previously accused of major crypto hacks, adding another layer of concern to the situation.

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