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 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.

U.S. crypto firm Harmony hit by $100 Million Theft

U.S. crypto firm Harmony

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 ...

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.