Crypto heist against Orbit Chain prompts theft of $86M

BleepingComputer reports that Orbit Chain has been estimated to have lost nearly $86 million following a cryptocurrency heist targeted at the blockchain platform’s decentralized cross-chain protocol Orbit Bridge on New Year’s Eve. Neither the attackers’ identity nor exploit have been determined, but North Korean state-sponsored threat actors who were implicated in numerous cryptocurrency-related attacks during the past year have been suspected to be behind the incident.

Source: SC Magazine

 


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