Slow Mist Cosine: Preliminary analysis of Orbit Bridge is not that the private key was directly stolen, but more likely a vulnerability in the bridge
SlowMist founder Yu Xian tweeted that Orbit Bridge suffered a loss of at least $81.5 million. Preliminary analysis suggests that it was not a direct theft of private keys (although this possibility cannot be completely ruled out), but rather a vulnerability in the bridge or related centralized server that allowed attackers to deceive these private keys (7/10) to withdraw. Yu Xian also stated that the hacker's address can be viewed and pointed out that the hacker was preparing two days ago.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Core Scientific Nets $580M in Q1 Despite Revenue Miss, Eyes AI and HPC Future
Nasdaq-listed Bitcoin miner Core Scientific Inc. has reported a net income of $580 million for the first quarter of 2025, more than double the $210 million recorded during the same period last year. However, the firm fell short of analyst expectations for revenue, signalling the growing impact of industry shifts and operational transformation.

Federal Reserve’s Tight Policy Affects Bitcoin Growth

[Initial Listing] Bitget Will List Doodles (DOOD). Come and grab a share of 7,250,000 DOOD !
SEC Settles Lawsuit with Ripple and Executives

Trending news
MoreCrypto prices
More








