After Losing $100M, Harmony Wants to Inflate Away Its Problems
Weeks after an attacker was able to steal approximately $100 million from Harmony Protocol’s cross-chain bridge, the Layer 1 project has shared a controversial proposal to reimburse affected users. Harmony...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This research story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on Crypto BriefingRelated market context
Bitcoin is about to give miners a 16% lifeline, but $19 billion in AI deals is luring them away anyway
Bitcoin could lower mining difficulty by roughly 16% when its next adjustment arrives around July 26, handing the machines that re...
Goldman Sachs backs CLARITY Act, BitMEX shuts down, and bridge hacks steal $31.6 million in a pivotal day for crypto
Goldman Sachs CEO David Solomon backs the CLARITY Act, BitMEX shuts down after 11 years, and two bridge exploits steal over $31.6...
The $25 million Bitcoin glitch hiding inside Wall Street’s clearinghouses
Two Wall Street trading desks can hold economically similar exposure to Bitcoin and still pay materially different amounts to keep...
Why two public companies quietly liquidated 511 Bitcoin in 24 hours to escape $31.7 million in debt
KULR Technology Group, a US-listed battery technology company, and The Smarter Web Company, a UK-listed web services group with a...
A $650 million wave of bridge hacks just triggered a $7 billion mass migration to Chainlink
Chainlink drew more than $7 billion of token value onto its cross-chain infrastructure in the second quarter as institutional adop...
Chainlink Price Weakens as 25 Million LINK Exit Exchanges Within One Month
Market value was near $6.22 billion, and traded volume was close to $155.05 million. The current price action is against a sharp d...