The North Korean hackers responsible for the June thefts from the Harmony Bridge are still attempting to launder the stolen monies. ZachXBT, a blockchain detective, disclosed on January 28 that the culprits had transferred 17,278 Ether, or nearly $27 million, over the course of the weekend. ZachXBT said in a
This weekend, the Lazarus Group was busy redistributing the stolen funds from the Harmony Bridge breach. The cryptocurrency exchanges involving substantial sums of Ether were documented by blockchain detective ‘ZachXBT‘ on January 16. Tornado Cash, an anonymous cryptocurrency service, was the initial source of the crypto funds that were processed
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The plan also called for a hard fork of the Harmony network. Harmony considered compensating the hack’s victims with the protocol’s native token. The developers of the Harmony protocol have put up a new plan. In order to retrieve the $100 million in stolen assets from the Horizon Bridge in
The attack had affected 65,000 wallets across 14 distinct assets. A 100 percent refund was proposed with 4.97 billion new $ONE tokens. As a way to make amends for the $100 million Horizon Bridge attack, the Harmony blockchain project’s leadership has suggested minting up to 4.97 billion ONE native tokens.
The firm has offered a $1 million bounty for returning the stolen assets. Social engineering, the method used by the hacker, refers to earlier Lazarus attacks. Hackers stole $100 million worth of crypto from Harmony Protocol recently. The organization behind the layer 1 blockchain has offered a $1 million bounty
$64 million are remaining in the hacker’s Ethereum wallet after siphoning. Harmony reassured its customers that the theft had no effect on its BTC bridge. According to PeckShield, the hackers who stole $100 million in Altcoins from the Horizon Bridge of the Harmony Protocol have started to launder the money.
An investigation with the help of national law enforcement agencies has been initiated. There has been no evidence of a smart contact vulnerability being exploited in this assault. The hacker that returns $100 million in stolen assets will get a $1 million reward from Harmony Protocol. Over $100 million in
The attacker carried out 16 malicious transactions ranging in value from 14,190 to 30 ETH. The attacker has not yet attempted to use a privacy protocol like Tornado Cash. According to the Harmony team, roughly $100 million in different tokens have been stolen from the Horizon bridge. The Horizon cross-chain
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