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Jan 28

Harmony.ether Leak: The Biggest Crypto Scandal Yet? - OpenSIPS Trunking Solutions

Overview

On june 24th 2022, the harmony “horizon bridge” was hacked and thieves stole a variety of cryptoassets with a total value of $99. 6 million.

Harmony.ether Leak: The Biggest Crypto Scandal Yet? - OpenSIPS Trunking Solutions

These cryptoassets were swapped for ether. Read also: OMG! Urfavbellabbys New Video Is Hilarious – And It's Already Viral!

Harmony.ether Leak: The Biggest Crypto Scandal Yet? - OpenSIPS Trunking Solutions

Jan 16, 2023 · security teams at crypto exchanges binance and huobi worked together to freeze and recover 121 bitcoin (btc) from hackers behind the harmony bridge exploit.

Jan 16, 2023 · the attack drained the service, which enables crypto assets to be traded between the harmony blockchain and other blockchains, of $100 million worth of crypto, including ether.

Harmony already has a working blockchain. Read also: What Top Scientists Say About The EMF-CNF Connection And Your Risk

The eip 1559 fork won't speed up transactions times and it will only minimally reduce gas fees.

The biggest change is the fee being burnt instead of.

26 votes, 53 comments.

Whats the bull case for harmony?

Is there still a solid use case?

What happened with the recent hack?

Horizon bridge was exploited for $100 million in altcoins that were being.

Jun 24, 2022 · harmony halted the operation of its horizon bridge to stop users from losing more funds, and has notified centralized exchanges of the exploit to prevent the hacker from.

Jun 28, 2022 · the attacker behind last week’s $100 million exploit on the harmony network started moving funds worth millions of dollars in cryptocurrencies monday night, blockchain data shows.

Jun 28, 2022 · harmony is working with two blockchain tracing and analysis firms and collaborating with the fbi, the developers said.