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Breaking: Harmony's Horizon Bridge hacked for $100M

Coin Telegraph LogoCoin Telegraph2d ago

Breaking: Harmony's Horizon Bridge hacked for $100M

Quick Summary

The layer-1 blockchain’s main bridge between Ethereum, Binance Chain, and Bitcoin has been exploited for nine figures, but says its BTC bridge has not been affected.

It said the BTC bridge and its assets have not been affected by the attack.

Concerns have previously been expressed as to the soundness of Horizon’s multisig wallet on Ethereum which only required two out of the four signees to drain the funds.


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Article Details

Author / Journalist: Cointelegraph By Brian Newar

Category: Crypto

Topics: Horizon Bridge Harmony Token Bridge

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-06-24, 02:37:56

News Timezone: GMT -5:00

News Source URL: cointelegraph.com

Language: English

Reading Time: 4 minutes read

Article Length: 638 words

Coverage Area: United States

Availability: Desktop Web, Mobile Web

News ID: 6845

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About Coin Telegraph

Coin Telegraph Logo

Main Topics: Crypto

Official Website: cointelegraph.com

Update Frequency: 7 posts per day

Year Established: 2013

Headquarters: United States

Last Updated: 13h ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Languages Covered: English

RSS Feed: Available (XML)

Website Security: Secure (HTTPS)

Publisher ID: #11

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