Orbit Chain's recent hack resulted in an $80 million loss due to a compromised private key. This incident underscores the broader issue of private key vulnerabilities in the blockchain space. The article explores the breakdown of stolen funds, efforts to freeze assets, and the historical context of security breaches linked to Ozys projects.
BerniceThe Orbit Bridge exploit presents a significant challenge for Klaytn, prompting immediate action and highlighting the need for enhanced security measures in blockchain ecosystems.
KikyoIn this incident, the attacker directly called the withdraw function of the Orbit Chain: Bridge contract to transfer assets.
JinseFinanceBNB Chain Core implements a recovery plan post-2022 hack, aiming to stabilize the ecosystem and regain trust.
SanyaThis incident follows a string of exploits related to Justin Sun, who just saw Poloniex suffer a $100 million hack this month.
DavinStablecoin issuers Circle and Tether have blacklisted over half of the stolen funds, according to available information.
BeincryptoDogecoin is recording increases on its daily and weekly charts, gaining 10.96% in the past 24 hours and 11.55% compared to seven days ago, according to the data retrieved by Finbold on October 26.
FinboldBNB Chain suffered a massive hacking attack, which involved a total amount of $700 million US dollars. This has now become the largest on-chain hack in crypto history.
NellCryptocurrency security firms, decentralized finance and cross-chain platforms are stressing the importance of improved defense mechanisms after a spate of hacks and exploits targeting the ecosystem.
CointelegraphEthereum Classic is a relatively smaller PoW chain compared to Ethereum in terms of usage and hash rate.
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