Orbit Bridge

Orbit Bridge Suffers $81.54 Million Security Breach

December 31, 2023
Attack Types: 
Wallet Hack
Entity Types: 
DeFi ,Bridge
Tags: 
Lazarus Group ,North Korea
Target Entities: 
Orbit Bridge

Summary # On December 31, 2023, Orbit Chain, a South Korean cross-chain project, experienced a significant security breach involving their Orbit Bridge. The attacker exploited the Orbit Bridge through a private key compromise and drained approximately $81.54 million worth of assets from the Orbit Bridge’s ETH Vault. The stolen funds were converted into ETH and DAI and then distributed across several addresses. Attackers # The identity of the attacker remains unknown. ...