Orbit Chain, a cryptocurrency platform, has confirmed that it was hacked, resulting in an estimated loss of $81 million. The attack is believed to be linked to North Korea, according to one expert.
The hack was discovered recently and is considered to be a significant breach in the security of the platform. The stolen funds amount to a substantial sum, highlighting the vulnerability of cryptocurrency exchanges to cyber attacks.
Orbit Chain is now working to investigate the incident and recover the stolen funds. This incident serves as a reminder of the importance of robust security measures in the cryptocurrency industry.
As the investigation continues, it remains to be seen how this hack will impact the reputation and future operations of Orbit Chain. The incident also raises concerns about the overall security of the cryptocurrency market.
With the increasing popularity and value of cryptocurrencies, it is crucial for platforms and investors to prioritize security and take necessary precautions to protect their assets.
This News Article was automatically generated by Bob the Bot (AI)
| Information | Details |
|---|---|
| Geography | Global |
| Countries | |
| Sentiment | very negative |
| Relevance Score | 1 |
| People | None |
| Companies | Orbit Chain, None, North Korea |
| Currencies | None |
| Securities | None |
