Hackers steal $100M of digital coins from crypto firm HarmonyBy Reuters
June 24, 2022
US crypto firm Harmony said Friday that thieves stole around $100 million worth of digital coins from one of its key products, the latest in a string of cyber heists on a sector long targeted by hackers.
Harmony develops blockchains for so-called decentralized finance — peer-to-peer sites that offer loans and other services without the traditional gatekeepers such as banks — and non-fungible tokens.
The California-based company said the heist hit its Horizon “bridge,” a tool for transferring crypto between different blockchains — the underlying software used by digital tokens such as bitcoin and ether.
Thefts have long plagued companies in the crypto sector, with blockchain bridges increasingly targeted. Over $1 billion has been stolen from bridges so far in 2022, according to London-based blockchain analytics firm Elliptic.
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Source:
https://nypost.com/2022/06/24/us-crypto-firm-harmony-hit-by-100-million-heist/
