{"id":9681,"date":"2024-01-02T11:43:14","date_gmt":"2024-01-02T09:43:14","guid":{"rendered":"https:\/\/forklog.com\/en\/hackers-steal-over-80-million-from-orbit-bridge-cross-chain-platform\/"},"modified":"2024-01-02T11:43:14","modified_gmt":"2024-01-02T09:43:14","slug":"hackers-steal-over-80-million-from-orbit-bridge-cross-chain-platform","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/hackers-steal-over-80-million-from-orbit-bridge-cross-chain-platform\/","title":{"rendered":"Hackers Steal Over $80 Million from Orbit Bridge Cross-Chain Platform"},"content":{"rendered":"<p>The cross-chain platform Orbit Bridge has fallen victim to a hacking incident, resulting in the theft of crypto assets exceeding $80 million.<\/p>\n<p><!--more--><\/p>\n<p>Unauthorized access was detected on December 31.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">?Urgent?<\/p>\n<p>Dear Orbit Bridge Users,<\/p>\n<p>An unidentified access to Orbit Bridge, a decentralized Cross-chain protocol, was confirmed on Dec-31-2023 08:52:47 PM +UTC.<\/p>\n<p>Further information regarding the issue will be updated.<\/p>\n<p>\u2014 Orbit Chain (@Orbit_Chain) <a href=\"https:\/\/twitter.com\/Orbit_Chain\/status\/1741725778956730778?ref_src=twsrc%5Etfw\">January 1, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The suspicious movement of funds was first <a href=\"https:\/\/twitter.com\/KGJRTG\/status\/1741575860635783385?s=20\">spotted<\/a> by user Kgjr. According to his observations, the initial transfers from the protocol to a &#8220;fresh&#8221; wallet included:<\/p>\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/etherscan.io\/tx\/0xd8ca42941a0a2c25669267ad8d61f7f9f4118252cb502316602fe16624b80ac8\">$30 million in USDT<\/a>;<\/li>\n<li><a href=\"https:\/\/etherscan.io\/tx\/0xafdc36278fcef8d54824b09ec019147cfe2afd995abf6754e52d273a2c1b07ca\">$10 million in DAI<\/a>;<\/li>\n<li><a href=\"https:\/\/etherscan.io\/tx\/0x64a6f486c20671e1389b3c7948d46733325c407245a86bf510cb69ef401a3f0e\">$10 million in USDC<\/a>;<\/li>\n<li><a href=\"https:\/\/etherscan.io\/tx\/0xe0bada18fdc56dec125c31b1636490f85ba66016318060a066ed7050ff7271f9\">231 wBTC<\/a> (>$10 million);<\/li>\n<li><a href=\"https:\/\/etherscan.io\/tx\/0x639d27e564214411ad8eb06cf00d85cd90f83503a53ab5bf35dd5c6e1148ae0a\">9500 ETH<\/a> (>$22 million).<\/li>\n<\/ul>\n<p>The developers of Orbit Chain have reached out to major cryptocurrency exchanges, requesting them to freeze the stolen assets.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">The Orbit Chain team has requested major global cryptocurrency exchanges to freeze stolen assets.<\/p>\n<p>\u2014 Orbit Chain (@Orbit_Chain) <a href=\"https:\/\/twitter.com\/Orbit_Chain\/status\/1741825433916825982?ref_src=twsrc%5Etfw\">January 1, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\n<cite>&#8220;Additionally, we are collaborating with international security experts, including Theori, to address the issues and monitor the funds in real-time. We are also negotiating closer cooperation with 26 global companies specializing in security,&#8221; project representatives stated.<\/cite><\/p><\/blockquote>\n<p>Furthermore, Orbit Chain representatives <a href=\"https:\/\/x.com\/Orbit_Chain\/status\/1741825516360130839?s=20\">assured<\/a> that they are working closely with law enforcement agencies.\u00a0<\/p>\n<p>On January 2, the developers <a href=\"https:\/\/x.com\/Orbit_Chain\/status\/1742065998822555738?s=20\">confirmed<\/a> that the stolen funds remain unmoved and also <a href=\"https:\/\/x.com\/Orbit_Chain\/status\/1742066000584167869?s=20\">published<\/a> a list of addresses associated with the perpetrators.\u00a0\u00a0<\/p>\n<p>In 2023, the cryptocurrency industry lost $1.8 billion due to hacking and fraud.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The cross-chain platform Orbit Bridge has fallen victim to a hacking incident, resulting in the theft of crypto assets exceeding $80 million.<\/p>\n","protected":false},"author":1,"featured_media":9680,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1210,44],"class_list":["post-9681","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cross-chain-protocols","tag-cybercrime"],"aioseo_notices":[],"amp_enabled":true,"views":"56","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/9681","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=9681"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/9681\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/9680"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=9681"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=9681"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=9681"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}