Orbit Chain has released an update regarding the theft, confirming an unidentified access to Orbit Bridge (a decentralized cross-chain protocol) on December 31, 2023 at 8:52:47 +UTC. Currently, Theori is conducting a comprehensive analysis of the root cause of this issue. We are actively cooperating with international law enforcement agencies. Due to recent vulnerabilities, Orbit Bridge is distributing compensation to all users. We recommend that all users immediately check their approval status on our dashboard. All Orbit users are eligible for compensation.

In addition, Orbit Chain stated that we are very uncertain about the attacker's next target, and anyone who obtains Orbit's approval is easily vulnerable to attack, so all approvals should be revoked immediately.