U.S. crypto firm Harmony hit by $100 Million Theft
According to a tweet from Blockchain Harmony, the hack of its Horizon bridge, which enables users to transfer currencies between various blockchains, happened on Thursday morning. One further significant weakness in the...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
According to a tweet from Blockchain Harmony, the hack of its Horizon bridge, which enables users to transfer currencies between various blockchains, happened on Thursday morning. One further significant weakness in the ecosystem of digital assets was revealed when hackers stole nearly $100 million from a so-called bitcoin bridge.
Blockchain harmony assured that it has “begun working with national authorities and forensic specialists to identify the culprit and retrieve the stolen funds.”
According to CoinGecko, Harmony's native ONE token, which is used to pay transaction fees, collect incentives, or vote on platform changes, fell ...
Read The Full Article On CryptoCurrencyNews.com
Get latest cryptocurrency news on bitcoin, ethereum, initial coin offerings, ICOs, ethereum and all other cryptocurrencies. Learn How to trade on cryptocurrency exchanges.
All content provided by Crypto Currency News is subject to our Terms Of Use and Disclaimer.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CryptoCurrencyNewsRelated market context
Pokemon Crypto Case: Collector Faces Trial Over $55 Million Hack
U.S. indictment alleges two Uranium Finance crypto exploits moved through Tornado Cash before being used to buy Pokemon cards and...
Ethereum (ETH) Price Prediction: Coinbase Buying Picks Up as ETH Eyes a $2,720 Breakout
Ethereum price is consolidating near $2,680 as buyers attempt to maintain the recovery and push through the next resistance zone....
Ari Paul says Coinbase lost his $25M, covered up $1B in hacks
BlockTower Capital founder Ari Paul has accused Coinbase of losing $25 million of his company’s funds while covering up over $1 bi...
Ethereum Price Prediction: Could Aztec’s zk.money Drive ETH Higher as Zcash Fuels Privacy Narrative?
Ethereum is trading at $2,665, flat over 24 hours, leaving it below the $2,700–$2,735 resistance band as our recent price predicti...
Bitcoin’s $84,000 wall gets harder to break as ETF inflows sink to $31 million
US Bitcoin exchange-traded funds drew just $31 million in inflows on Sept. 28 as institutional demand weakened while BTC stalled b...
Bitget Hack Fallout Deepens as Greece Adds Four MiCA-Equipped Providers and SEC Redraws Securities Lines
Bitget confirms $388m stolen via third-party flaw as Bitcoin withdrawals resume; four Greek providers join MiCA register and SEC c...