Orbit Bridge hack pushes December crypto theft to nearly $100M

The Orbit Bridge exploit on New Year’s Eve pushed December’s total crypto losses to hackers, scammers, and exploiters to almost $100 million.

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The recent attack on Orbit Chain’s cross-chain bridge has pushed up the amount of crypto stolen in December to almost $100 million, according to blockchain security firms.

On Jan. 1, blockchain security firm PeckShield said the $81.5 million cross-chain bridge exploit on Orbit Bridge meant that December was the fifth-highest month for hacks in 2023.

The exploit was also ninth-highest hack targeting a cross-chain bridge over the past three years, it said.

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