Skip to main content

Harmony Bridge Hacked, $100 Million Worth of Ethereum Lost

 The Horizon bridge linking with Harmony a Layer 1 PoS blockchain built for native token ONE to the Ethereum and Binance Chain ecosystem was hacked leading to a loss of approx $100 million in ETH. The exploit was announced on Twitter by the Harmony team who said that they are pursuing the culprit.

r/FreeKarma4You - Harmony Bridge Hacked, $100 Million Worth of Ethereum Lost

The bridge has since been shut down to stop further losses. Harmony devs have also explained that the BTC bridge is unaffected. 

The attack appears to have taken place for 17 hours. starting with a transaction worth a whopping 4.919 ETH followed by several smaller transactions ranging from 911 to 0.0003 ETH. The last one took place after the bridge had been shut down.

Read full news at: http://cryptounity.news/harmony-bridge-hacked-100-million-worth-of-ethereum-lost

Comments

Popular posts from this blog

Chinese city Shanghai includes Metaverse in its development plan

 Shanghai's five-year plan requires the utilization of a metaverse out in the open administrations, business, amusement, and modern assembling. Shanghai, China's most jam-packed city, is looking for ways of utilizing a metaverse openly administration over the course of the following five years. Shanghai Municipal Commission of Economy and Information Technology's five-year improvement plan for the electronic information industry is recorded for investigation, and one of them is the metaverse. Read full story on http://cryptounity.news/Chinese-city-Shanghai-includes-Metaverse-in-its-development-plan 

Spotify reportedly tests NFT galleries on musician profiles

  Spotify platform is exploring the possibilities to “improve artists and fan experiences” by surveying its users. Giant music streaming platform Spotify is reportedly testing the option to include  nonfungible token  (NFT) galleries on musicians’ profiles. Should the trial succeed, the embedding of NFTs would serve to improve artist and fan experiences. Spotify is running a test for select users of the platform’s Android app in the USA. These users can see the NFT previews on the artists’ profiles. Now, there are only two such artists, Dj and producer Steve Aoki and Indie rock band The Wombats both of which are known for their adoption of NFTs. It’s not possible to make direct purchases, but after reading about the NFT and seeing an enlarged preview. the user can tap to be redirected to the OpenSea page where they can purchase the item. According to reports, Spotify doesn’t support videos or GIF formats, showing only a static image without any sounds. Spotify spokesperso...

StarkWare is built into a unique ZK-Rollup Snap by MetaMask

  StarkNet is not yet natively compatible with MetaMask because it uses a different address and account structure than Ethereum this is not EVM compatible with the first-ever Layer 2 snap that makes ZK rollup compatible users now have better access to a permissionless decentralized network for quick cheap applications. We made a StarkNet dApp that lets users install the snap as well manage and add tokens that are based on StarkNet snap lets you manage StarkNet assets by making StarkNet keys from your MetaMask secret Recovery Phrase without having access to your MetaMask information. Read full news at:  http://cryptounity.news/starkware-is-built-into-a-unique-zk-rollup-snap-by-metamask