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Onchain Researchers Discover $63M in Ethereum From Harmony Bridge Attack Moved, Hackers Attempt to Launder Funds on Major Exchanges
16.1.2023
On Jan. 15, 2023, onchain researchers discovered that funds stolen during the Harmony bridge attack had been moved. The suspected thieves, who are allegedly associated with the North Korean hacking syndicate Lazarus Group, moved 41,000 ethereum, worth $63.2 million at current exchange rates....
North Korean Hacking Group Tied to $100M Harmony Hack Moves 41,000 Ether Over Weekend
16.1.2023
Crypto exchange Huobi blocked funds tied to the hack on Monday morning
Binance, Huobi team up to recover $2.5M from Harmony One hackers
16.1.2023
In a recent tweet, on-chain crypto detective ZachXBT said that the hackers have been moving $64 million in the last weekend
Snowfallprotocol.io (SNW), Polkadot (DOT), And Harmony (ONE) Holders Are Super Bullish
17.10.2022
Retail investors are still trending towards the bullish side nowadays. Even with comparatively lower volumes, crypto coin trading reflects retail investor sentiment best as institutional investors continue to trade according to their set patterns. With inflation figures showing a steady decrease...
Cross-chain Bridging is Broken - But We Know How to Fix It
25.9.2022
Kadan Stadelmann is the Chief Technology Officer (CTO) of Komodo (KMD), a decentralized, open-source blockchain and a major player in blockchain interoperability and atomic swap technology.__________
As of August 2022, there’s been $2 billion total in crypto losses, with 69% of stolen crypto funds...
Supontis on the BNB Chain May be a Competitor for Harmony
23.9.2022
Supontis (PON) is a new cross-chain bridging solution on the BNB Smart Chain and could be a competition for Harmony, a layer-1 blockchain with immense cross-chain interoperability. Cross-chain interoperability is a highly desired solution for a cryptocurrency market such as we have now. Value...
Harmony Proposes Issuing ONE Tokens to Reimburse Victims of $100M Hack
27.7.2022
Harmony decided against using its treasury funds, citing the project’s longevity
Harmony Proposes Minting Billions of ONE Tokens to Reimburse Hack-Affected Users
27.7.2022
Layer-1 blockchain Harmony has proposed to mint billions of its ONE tokens in order to reimburse the victims of the Horizon bridge hack that saw around USD 100m of user funds stolen.
The Harmony blockchain would have to hard fork and increase the supply of ONE to mint new tokens. The team said...
Backlash as Harmony proposes minting 4.97B tokens to reimburse victims
27.7.2022
Under the proposal, there would be either a 100% reimbursement via 4.97 billion new ONE tokens, or a 50% reimbursement with 2.48 billion ONE tokens
Three Arrows Reprimanded by Singapore, Crypto AUMs at Record Low, N Korean Hackers + More News
30.6.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Three Arrows Reprimanded by Singapore, Crypto AUMs at Record Low, N Korean Hackers + More News
Infamous North Korean hacker group identified as suspect for $100M Harmony attack
30.6.2022
A new report suggests that a notorious North Korea-affiliated hacking group may be behind last week’s $100 million Harmony attack
Harmony Horizon Exploit Linked to North Korea; $10M Bounty Offered in 'Global Manhunt'
30.6.2022
Developers said the team was “gathering wallet data” and strategizing plans based on the impact that the incident caused on users
Harmony Attacker Moves Over $44M Worth of Stolen Ether, Authorities Alerted
28.6.2022
Harmony is working with two blockchain tracing and analysis firms and collaborating with the FBI, the developers said
Harmony hacker sends stolen funds to Tornado Cash mixer
28.6.2022
The exploiter seems to have rejected the Harmony team’s bounty offer of $1 million to return the $100 million stolen from the Horizon Bridge token bridge
ONE Keeps Trending Lower while Harmony Offers Hacker USD 1M in Bounty for Return of Funds
27.6.2022
The team behind the layer-1 blockchain Harmony (ONE) has offered the Horizon Bridge hacker USD 1m in bounty for the return of some USD 100m in stolen funds.
"We commit to a [USD] 1M bounty for the return of Horizon bridge funds and sharing exploit information," Harmony said in a Twitter post...
Harmony offers $1M bounty, but is it big enough?
27.6.2022
The Harmony team says it will offer $1 million to the hacker who exploited the Horizon Bridge for $100 million, but that may not be enough to get the funds back
Harmony’s $100M Hack Was Due to a Compromised Multi-Sig Scheme, Says Analyst
26.6.2022
On June 23, 2022, the Harmony development team announced that $100 million was siphoned from the Horizon bridge, and the organization explained it was working with national authorities and forensic specialists. According to an account published Polygon’s chief information security officer...
Value Locked in Defi Jumped 7% in 5 Days — Harmony’s Horizon Bridge Siphoned for $100M
25.6.2022
While crypto prices have seen some healing during the last few days, the total value locked (TVL) across the entire decentralized finance (defi) ecosystem has also improved. The TVL in defi has seen an increase of 7.19% since June 20, and the defi protocol Makerdao’s TVL dominates by 10.37%...
Horizon Bridge, Built On Harmony, Witnesses Hack
24.6.2022
Horizon Bridge was recently notified of a malicious attack on the network with multiple transactions where eleven transactions managed to extract tokens worth $100 million. The Harmony Protocol team was notified about the attack on June 23, 2022, saying that the bridge was compromised at around...
Harmony Network's Horizon Bridge Exploited for $100M
24.6.2022
Developers said they are working with authorities and forensic specialists to identify the culprit