Solana News Today: Hacker Group Linked to $80M Orbit Hack Launches Token on Solana via Hack.Fun Platform

A hacker-linked group previously associated with the $80 million Orbit protocol exploit has launched a token on the Solana blockchain through the Hack.Fun platform, a digital visualization tool that maps major cryptocurrency security breaches. On-chain activity from wallets flagged by blockchain analyst ZachXBT has directed users to the Hack.Fun website, where the token launch is hosted. These wallets, linked to the Orbit hack, have sent messages promoting the initiative, signaling active coordination by the group [1].

Hack.Fun, which features an interactive, whiteboard-style interface, has cataloged the Orbit protocol exploit as one of its case studies, detailing the incident’s technical and financial implications. The platform’s homepage includes a countdown timer, fueling speculation about an upcoming event, though no official explanation has been provided. The initiative has sparked debate within the crypto community, with analysts noting the group’s continued presence in decentralized finance (DeFi) security breaches [1].

The launch underscores the evolving role of blockchain forensics in tracking malicious actors. Hack.Fun’s educational approach combines storytelling with technical analysis, offering insights into how exploits are executed and mitigated. However, the involvement of wallets tied to the Orbit hack raises questions about the group’s intent—whether the token serves as a revenue mechanism or a demonstration of their technical capabilities [1].

Analysts emphasize the broader implications for DeFi security. The Orbit hack, one of the largest in 2025, exposed vulnerabilities in smart contract protocols, prompting calls for enhanced auditing standards. The new token’s launch via Hack.Fun suggests that threat actors may leverage similar platforms to obscure their activities or engage in further attacks.

Despite the controversy, Hack.Fun remains a non-commercial entity focused on documenting exploits, though its association with the hacker group complicates its credibility. The platform’s creators have not commented on the connection to the Orbit hack, leaving the community to draw conclusions based on on-chain data [1].

Source: [1] [title: Hacker Group Launches Token on Solana via Hack.Fun Platform] [url: https://coinmarketcap.com/community/articles/68879647fb184a125f70cd00/]