Temporary suspension of ICON & based assets on Orbit Bridge due to Omm exploit. We're Sorry for the inconvenience.
25 Jan 2023, 10:22
Temporary suspension of ICON & based assets on Orbit Bridge due to Omm exploit.
We're Sorry for the inconvenience.
🔽Please refer to the posting on the Omm governance forum.
@ommfinance
Same news in other sources
5Orbit ChainORC #1406
26 Jan 2023, 08:19
[Announcement to resume the ICON Bridge Service]
The ICON Bridge service, which had been temporarily suspended due to the Omm Finance issue, has been resumed.
With the resumption of the ICON Bridge function, you can transfer ICON-based assets to other networks through Orbit Bridge.
We worked closely with the Omm Finance team to classify the assets from a hacker and finally successfully blocked the IUSDC bridging transactions from the hacker.
The transaction details are as follows.
- 127,575 IUSDC: 0x37cde2da48408c42c23cfcdfa7671b33288d3661d26fbcbd44c069e6ec68f61d
- 114,885 IUSDC: 0xec9e35658bb9a465fcd7984e0eba61c547b70a30887df0359e556302ef9c3dd6
As a result, Orbit Bridge became the first token bridge to prevent a hacker from asset leakage.
However, we sincerely apologize for causing great inconvenience to many users of Orbit Bridge.
We will do our best to develop Orbit Bridge as more user-friendly.
Thanks for your patience and understanding.
[Announcement to resume the ICON Bridge Service].
[Announcement to resume the ICON Bridge Service]
The ICON Bridge service, which had been temporarily suspended due to the Omm Finance issue, has been resumed.
With the resumption of the ICON Bridge function, you can transfer ICON-based assets to other networks through Orbit Bridge.
We worked closely with the Omm Finance team to classify the assets from a hacker and finally successfully blocked the IUSDC bridging transactions from the hacker.
The transaction details are as follows.
- 127,575 IUSDC: 0x37cde2da48408c42c23cfcdfa7671b33288d3661d26fbcbd44c069e6ec68f61d
- 114,885 IUSDC: 0xec9e35658bb9a465fcd7984e0eba61c547b70a30887df0359e556302ef9c3dd6
As a result, Orbit Bridge became the first token bridge to prevent a hacker from asset leakage.
However, we sincerely apologize for causing great inconvenience to many users of Orbit Bridge.
We will do our best to develop Orbit Bridge as more user-friendly.
Thanks for your patience and understanding.
https://twitter.com/Orbit_Chain/status/1618523879944884224
Orbit ChainORC #1406
26 Jan 2023, 08:19
Orbit Chain telegram news 26 January 2023 08:19
https://twitter.com/Orbit_Chain/status/1618523879944884224
Orbit ChainORC #1406
26 Jan 2023, 08:18
🌉The ICON Bridge service, which had been temporarily suspended due to the Omm Finance issue, has been resumed.
👮Orbit Bridge successfully blocked asset leakage due to a smart contract exploit by a hacker.
@ommfinance #OrbitBridge
The ICON Bridge service, which had been temporarily suspended due to the Omm Finance issue, has been resumed.
🌉The ICON Bridge service, which had been temporarily suspended due to the Omm Finance issue, has been resumed.
👮Orbit Bridge successfully blocked asset leakage due to a smart contract exploit by a hacker.
@ommfinance #OrbitBridge https://t.co/m2T7HQNIZT
Orbit ChainORC #1406
25 Jan 2023, 10:22
Hello, Orbit Chain Community!
We inform you about blocking the ICON network of Orbit Bridge.
On January 23, ICON's flagship DeFi protocol, Omm Finance, was hacked due to a smart contract exploit attack. The hackers stole $1.9 million, including IUSDC (minted on Orbit Bridge).
The hacker transferred the stolen 726K IUSDC to Ethereum and Polygon, and 242K IUSDC is currently stuck on Orbit Bridge.
In response, our team blocked the token conversion function for the ICON network (Vault and Minter) in cooperation with the Omm Finance team and classified hacked funds through real-time monitoring.
We estimate that it will take at least 2-3 days to complete the task, and we will inform you in a separate notice when the ICON network and underlying asset conversion service resumes.
We are very sorry for any inconvenience you may have experienced while using our services.
*You can find more details about the Omm exploit on the Omm governance forum.
Thank you.
Hello, Orbit Chain Community. We inform you about blocking the ICON network of Orbit Bridge.
Hello, Orbit Chain Community!
We inform you about blocking the ICON network of Orbit Bridge.
On January 23, ICON's flagship DeFi protocol, Omm Finance, was hacked due to a smart contract exploit attack. The hackers stole $1.9 million, including IUSDC (minted on Orbit Bridge).
The hacker transferred the stolen 726K IUSDC to Ethereum and Polygon, and 242K IUSDC is currently stuck on Orbit Bridge.
In response, our team blocked the token conversion function for the ICON network (Vault and Minter) in cooperation with the Omm Finance team and classified hacked funds through real-time monitoring.
We estimate that it will take at least 2-3 days to complete the task, and we will inform you in a separate notice when the ICON network and underlying asset conversion service resumes.
We are very sorry for any inconvenience you may have experienced while using our services.
*You can find more details about the Omm exploit on the Omm governance forum.
Thank you.
https://twitter.com/Orbit_Chain/status/1618192556243972096
Orbit ChainORC #1406
25 Jan 2023, 10:22
Orbit Chain telegram news 25 January 2023 10:22
https://twitter.com/Orbit_Chain/status/1618192556243972096