Orbit Bridge Hacked: $81.5 Million Stolen, Orbit Chain Ecological Crash

High-value hacking incident occurred on New Year’s Day 2024! This time, the victim is Orbit Bridge, a cross-chain bridge, with losses exceeding 80 million US dollars.
(Prior summary:
NFT Trader, a trading platform, suffered a massive hacking incident! Hacker: “I am a good person, transfer 10% ETH to me to redeem!”)
(Background information:
Ledger hack triggers DeFi disaster: Affected projects, loss amounts, and the identity of the hacker – an overview)
According to Twitter user Kgjr’s warning, Orbit Bridge was attacked by hackers, who transferred out a large amount of stolen funds. The total value of the tokens is approximately 81.5 million US dollars, divided into five transactions, all of which were abnormally transferred to new wallets.
These include 30 million USDT, 10 million DAI, 10 million USDC, 231 wBTC, and 9,500 ETH. Chain security monitoring network reports that the attacker first transferred 10 ETH from Tornado Cash as the cost of the attack. The hacker’s intentions and methods are still being confirmed.
Due to Orbit Bridge’s common use in wrapping tokens and transferring them to the Klaytn network, including assets such as OETH and OBNB, the KLY token experienced a sharp drop of about 10% followed by a rebound, affected by this attack.
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Tags:
Orbit Bridge
Attack
Cross-chain bridge
Hacker