Orbit Chain loses $86 million in the last fintech hack of 2023

Orbit Chain experienced a security breach on December 31, 2023, that resulted in an estimated $86 million loss in Ether and stablecoins; Arkham Intelligence reported the chain's balance dropped from $115M to $29M. The exploit vector is not yet known, but reporting and experts suggest involvement by sophisticated, possibly DPRK‑linked actors (e.g., Lazarus); authorities and partners are tracking and attempting to freeze stolen assets while warning users about phishing/refund portals and wallet drainers.