In a gust of developments revolving around Orbit Chain’s recent significant cybersecurity breach, the firm announced noteworthy plans to rev up its approach in pruning the attackers and recovery of its stolen digital assets.
According to a recent statement issued by the cryptocurrency platform on X, Orbit slated a staggering $8 million reward for any information based on the hackers or the firm’s lost digital assets. This comes forth as a result of a recent cyber attack witnessed by the cryptocurrency platform Orbit, wherein the firm lost substantial amounts of cryptos on December 31. Aligning with this, on-chain data showcased an unauthorized transaction in the platform’s Ethereum L1 vault, moving assets such as DAI, ETH, and WBTC, among others. Shadowing which, the firm now eyes a more robust crackdown on the exploitation attack, seeking help globally.
Orbit’s Clamp Down On Attackers
In a series of posts on X, ranging from December 31 to date, Orbit appears to be actively eng
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