Orbit Chain Loses $81M in Cross-Chain Bridge Exploit

Cryptocurrency users lost nearly $2 billion to scams, rug pulls and hacks in 2023, researchers at security app De.Fi said in their annual report. While that’s roughly half the amount of 2022, it’s a sign that the industry remains susceptible to security risks,

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• Source: https://www.coindesk.com/business/2024/01/02/orbit-chain-loses-81m-in-cross-chain-bridge-exploit/?utm_medium=referral&utm_source=rss&utm_campaign=headlines