Orbit Chain Offers $8 Million Bounty for Intel on Cyber Attack
In response to the recent cyber attack that resulted in a significant loss of digital assets, Orbit Chain has announced a reward of $8 million for any information regarding the hackers or the stolen assets. The attack, which occurred on December 31, involved an unauthorized transaction in Orbit’s Ethereum L1 vault, leading to the movement of assets such as DAI, ETH, and WBTC. To combat this exploit, Orbit is taking aggressive measures to identify and recover the stolen funds.
Orbit’s Crackdown on Attackers
Since the attack, Orbit has been actively working to track down the hackers and retrieve its lost assets. The platform has called upon major cryptocurrency exchanges to freeze the stolen assets, ensuring that they remain untouched. Orbit is determined to take swift action and has ruled out any negotiations with the attackers. In addition, they have set a deadline for negotiation on the exploit and are now offering a bounty to the public in their search for assistance.
Collaboration with Law Enforcement Agencies
To strengthen their investigation efforts, Orbit has partnered with the Korean National Police Agency and KISA (Korea Internet & Security Agency). They are also engaging in discussions with domestic and international law enforcement agencies to enhance their crackdown on the attackers.
Hot Take: Orbit Chain Takes Aggressive Measures to Combat Cyber Attack
In response to a recent cyber attack that resulted in substantial losses, Orbit Chain is actively pursuing various strategies to identify the hackers and recover their stolen assets. By offering an $8 million bounty for information, collaborating with law enforcement agencies, and urging cryptocurrency exchanges to freeze the stolen assets, Orbit is demonstrating its commitment to clamping down on the attackers. With these aggressive measures in place, Orbit aims to ensure the security and integrity of its platform for its users.
By
By
By
By
