Posted 1/1/2024, 9:38:26 AM
Hackers Steal $81 Million in Cryptocurrency from Orbit Chain in New Year's Eve Attack
- Hackers stole $81M from cross-chain project Orbit Chain on New Year's Eve by gaining access to 7 out of 10 multisig signers
- Assets stolen include $30M USDT, $10M USDC, $10M DAI, 230 BTC worth $9.7M, and 9,500 ETH worth $21.7M
- Orbit Chain token price dropped 20% due to hack, now trading at $0.057
- Orbit Chain investigating root cause and working with law enforcement
- Scammers impersonating Orbit Chain on social media to conduct phishing scams, users warned to be vigilant