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🔒🚨 Orbit Bridge Hacked: $81.5 Million Drained 🚨🔒
Orbit Bridge, a cross-chain bridging protocol, has experienced an unusual outflow of funds totaling $81.5 million across various cryptocurrencies in what appears to be a major hacking incident.
In a series of separate transactions, each sent to a new wallet, Orbit Bridge transferred $50 million in stablecoins (30 million USDT, 10 million DAI, and 10 million USDC), 231 wBTC (approximately $10 million), and 9,500 ETH (about $21.5 million). The hack was first brought to attention by user X Kgjr.
The bridge seems to have a close relationship with the Klaytn ecosystem. Klaytn's explorer indicates that the top 10 tokens on the network by market capitalization are assets wrapped by Orbit Bridge. 🌐💰 #OrbitBridgeHack #CryptoSecurity #BlockchainNews
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