News with the tag "Orbit Chain"

Users of Arbitrum orbit chains, layer-3 solutions for Ethereum built on top of the platform’s technology stacks, can now pay gas fees using USDC. The move comes even as ARB, the native token of the Ethereum layer-2, continues to post lower lows, pushing losses to nearly 80% since January 2024 highs....

Crypto mixing protocol Tornado Cash saw a significant recovery in 2024, receiving over $1.8 billion in deposits in the first half of the year.

Despite the substantial movement of funds, the Orbit Chain hacker has yet to touch the $20 million in Dai (DAI) or any other stolen assets. The post Orbit Chain Exploiter Moves $47.7M to Tornado Cash After Months of Inactivity appeared first on Latest News and Insights on Blockchain, Cryptocurrency,...

The cross-chain bridge was exploited for $82 million over New Year’s Eve, with the funds sitting dormant since Jan. 1.

Ozys alleged Thursday that its former security chief had arbitrarily weakened the company firewall prior to the $81.5 million exploit.