Harmony Horizon Exploit Linked to North Korea; $10M Bounty Offered in 'Global Manhunt'

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Developers said the team was "gathering wallet data” and strategizing plans based on the impact that the incident caused on users.

CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.

The exploited "Horizon" bridge allowed users to exchange assets such as tokens, stablecoins and non-fungible tokens (NFTs), among the Ethereum, Binance Smart Chain (BSC), and Harmony blockchains.

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Article Details

Author / Journalist: Shaurya Malwa

Category: Crypto

Topics: Attack Hack

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-06-30, 10:15:52

News Timezone: GMT -5:00

News Source URL: coindesk.com

Language: English

Reading Time: 4 minutes read

Article Length: 714 words

Coverage Area: United States

Availability: Desktop Web, Mobile Web

News ID: 22573

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About CoinDesk

Main Topics: Crypto

Official Website: coindesk.com

Update Frequency: 22 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 1d ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #8

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