Approximately $100 million has been stolen after the Horizon bridge was hacked 🚨 Some in the crypto community have been raising concerns about its security for months 👇
The platform enables investors to swap cryptocurrencies between blockchains.
"We have begun working with national authorities and forensic specialists to identify the culprit and retrieve the stolen funds."Harmony stressed that its trustless Bitcoin bridge was not affected as a result of the incident — adding: "Its funds and assets stored on decentralized vaults are safe at this time.""We have also notified exchanges and stopped the Horizon bridge to prevent further transactions. The team is all hands on deck as investigations continue.
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Breaking: Harmony’s Horizon Bridge hacked for $100M😳 The Horizon Bridge to the Harmony layer-1 blockchain has been exploited for $100 million in altcoins which are being swapped for Ether.
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$100 million worth of crypto has been stolen in another major hackHackers have stolen $100 million in cryptocurrency from Horizon, a so-called blockchain bridge developed by crypto start-up Harmony.
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Podcast: Another Day, Another $100M Hack — What's Going on with Horizon? | CoinMarketCapThe total market cap of all cryptocurrencies still remains below $1 trillion — and investors will be nervously watching to see whether Bitcoin manages to stay above $20,000 over the weekend.
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Harmony’s Horizon Bridge Suffers $100 Million HackHarmony’s Horizon bridge has been drained of roughly $100 million
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