Breaking: Harmony’s Horizon Bridge hacked for $100M

Cointelegraph

Published Jun 23, 2022 09:37PM ET

Updated Jun 24, 2022 11:20PM ET

The Horizon Bridge to the Harmony layer-1 blockchain has been exploited for $100 million in altcoins which are being swapped for Ether (ETH).

The hack may vindicate previously raised community concerns about the robustness of the two of four multisig that reportedly secures the bridge.

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