Barely 24 hours into the new year, the decentralized cross-chain protocol Orbit Bridge has been hacked for millions of dollars in cryptocurrencies.
According to an official tweet, attackers gained unauthorized access to the Orbit Bridge at 08:52 pm UTC on December 31. The protocol is engaging with international law enforcement agencies and conducting an analysis to discover the incident’s root cause.
Orbit Bridge Hacked for $82M
The hack was first flagged by pseudonymous X (formerly Twitter) user Kgjr roughly an hour after the network witnessed a series of large outflows. They reported that new wallets were being created for several crypto assets, including Wrapped Bitcoin (WBTC), Tether (USDT), USD Coin (USDC), and Dai (DAI).
Interestingly, Kgjr said test transfers to the new wallets showed on the Orbit bridge scanner, but the larger transactions did not.
A detailed explanation by Вeb3 threat researcher and on-chain sleuth Officer CIA disclosed that the estimated damage was over $8
We współpracy z: https://cryptopotato.com/new-year-new-attack-orbit-bridge-drained-for-82m/