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Hackers swipe $100 million in cryptocurrency from blockchain bridge Harmony

Hackers swipe $100 million in cryptocurrency from blockchain bridge Harmony

CBSN
Friday, June 24, 2022 04:30:41 PM UTC

Hackers made off with about $100 million in cryptocurrency from a so-called blockchain bridge operated by Harmony, adding to the more than $1 billion already stolen in crypto so far this year.

Harmony said it notified other exchanges and stopped its bridge, called Horizon, to prevent further transactions as the company investigates the theft. One individual account is thought to be behind the heist, the company said Thursday in a series of tweets. 

The company is "working with national authorities and forensic specialists to identify the culprit and retrieve the stolen funds," Harmony said of the theft from its Horizon bridge that allows for the exchange of coins from multiple blockchains. In a later tweet, Harmony said it's working with the Federal Bureau of Investigation and cybersecurity firms to investigate the attack. 

Read full story on CBSN
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