Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
Home»ADOPTION NEWS»Orbit Chain’s Hacked Funds Are ‘Still Moving’ After $81 Million Exploit
ADOPTION NEWS

Orbit Chain’s Hacked Funds Are ‘Still Moving’ After $81 Million Exploit

By Crypto FlexsJanuary 2, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Orbit Chain’s Hacked Funds Are ‘Still Moving’ After  Million Exploit
Share
Facebook Twitter LinkedIn Pinterest Email
Security • January 2, 2024 3:18 AM EST

Posted 1 minute ago In ~

orbital Chain, Reportedly suffered $81.5 million in hacking damage On Sunday, the leaked cryptocurrency “remains unmoved” from the address where the leaked funds were stored, the company announced today. “Our team is continuously monitoring stolen assets and we are committed to notifying our community when addresses associated with stolen assets take action,” the company said. post At X.

Orbit Chain following large-scale hacking presentation On Monday, it asked global cryptocurrency trading platforms to freeze stolen assets and said it was working with global security firms and law enforcement to track down the cryptocurrencies.

On December 31st, an ‘unidentified access’ to the Orbit Bridge appeared to have occurred. transmitted In five separate transactions, I received $50 million in stablecoins (30 million USDT, 10 million DAI, and 10 million USDC), 231 wBTC (~$10 million), and 9,500 ETH (~$21.5 million) to my new wallet address.

Orbit Chain has not yet disclosed the exact nature of the hack. The Block did not immediately respond to a request for comment.


Disclaimer: The Block is an independent media outlet delivering news, research and data. As of November 2023, Foresight Ventures is a majority investor in The Block. Foresight Ventures invests in other companies in the cryptocurrency space. Cryptocurrency exchange Bitget is an anchor LP of Foresight Ventures. The Block continues to operate independently to provide objective, impactful and timely information about the cryptocurrency industry. Below are our current financial disclosures.

© 2023 The Block. All rights reserved. This article is provided for informational purposes only. It is not provided or intended to be used as legal, tax, investment, financial or other advice.

About the author

Danny Park is The Block’s East Asia reporter, writing about topics including Web3 development and cryptocurrency regulation in the region. He previously worked as a reporter for Forkast.News, where he actively covered the fall of Terra-Luna and FTX. Based in Seoul, Danny previously produced written and video content for media companies in Korea, Hong Kong and China. He holds a Bachelor’s degree in Journalism and Business Marketing from the University of Hong Kong.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Stablecoin startups surpass 2021 venture capital peaks as institutional money spills.

June 28, 2025

Gala Games improves leader board rewards and introduces preference systems.

June 20, 2025

Ether Leeum Whale starts a $ 11 million leverage betting in the 30% increase in ETH prices.

June 12, 2025
Add A Comment

Comments are closed.

Recent Posts

Checkpoint #4: Berlinterop | Ether Leeum Foundation Blog

June 28, 2025

TRON Price Propects USDT supply exceeded $ 80 billion

June 28, 2025

Stablecoin startups surpass 2021 venture capital peaks as institutional money spills.

June 28, 2025

No Altcoin Season 2025 ? Why Bitcoin Dominance Is Holding Strong In The Crypto Market

June 28, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Safe smart account audit summary

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

Bybit Expands Global Reach With Credit Card Crypto Purchases In 25+ Currencies And Cashback Rewards

June 27, 2025

BYDFi Joins Seoul Meta Week 2025, Advancing Web3 Vision And South Korea Strategy

June 27, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Checkpoint #4: Berlinterop | Ether Leeum Foundation Blog

June 28, 2025

TRON Price Propects USDT supply exceeded $ 80 billion

June 28, 2025

Stablecoin startups surpass 2021 venture capital peaks as institutional money spills.

June 28, 2025
Most Popular

Dogecoin to $5? According to the ‘Gaussian Channel’ model, it is possible.

November 20, 2024

New trends shaping the future of decentralized finance (DeFi)

January 19, 2025

The US president’s dinner dinner for the Trump Memoe Holder causes a 52%increase in prices.

April 23, 2025
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.