Halborn blog: Explained: The Orbit Bridge Hack (December 2023)
Orbit Bridge hack · published 2024-01-08
The nature of the attack suggests that it might have been performed by the Lazarus Group.
Orbit Bridge Hackers Drain $81 Million in Crypto Assets
- Date (as written)
- 2024-01-03T18:09:34.148Z
- Year
- 2024
- Actors (as written)
- state-sponsored North Korean hackers (suggested by Taylor Monahan)
- Actor pages
- state-sponsored North Korean hackers
- Tags (as written)
- cryptocurrency; cross-chain bridge
- Dollar figures (as written)
- an estimated $82 million; $81 million; $8M; $81M; $300 million
Source entries (3)
Socket.dev blog
Orbit Bridge Hackers Drain $81 Million in Crypto Assets · 2024-01-03T18:09:34.148Z
Orbit Bridge, a decentralized liquidity bridge protocol for Orbit Chain, confirmed unidentified access to its cross-chain protocol, which has led to the theft of an estimated $81 million in virtual assets. ... MyCrypto founder Taylor Monahan suggested the attack has all the earmarks of state-sponsored North Korean hackers, which Orbit Chain confirmed was already on their radar.
Socket.dev blog
Orbit Chain Terminates Negotiations, Offers $8M Bounty for Intel Leading to Recovery of Stolen Crypto Assets · 2024-01-12T01:01:51.582Z
Orbit Chain is offering an $8M bounty for intel that will lead to the recovery of crypto assets or identification of the attacker who stole $81M on New Year's Eve. ... Researchers suspect the Lazarus group , a cybercrime group run by the government of North Korea, as being responsible for the attack.