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Harmony provides a $ one million reward for the Horizon hacker

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Harmony Protocol, a victim of the most recent assault, provides a $ one million reward and claims not to prosecute if the hacker returns the extracted dollars.

Harmony provides a $ one million reward for the Horizon hacker

As Cointelegraph reported, on the morning of June 24, Harmony’s Horizon cross-chain bridge was breached and $ a hundred million was stolen. Currently, the task provides a $ one million reward and insists that there will be no criminal expenses if the hacker returns the stolen dollars.

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We are committed to obtaining a $ one million bounty for returning Horizon bridge money and sharing data about exploits.

Contact us at [email protected] particular or ETH 0xd6ddd996b2d5b7db22306654fd548ba2a58693ac.

Harmony will argue that no criminal expenses are created when the money are returned.

– Harmony (@harmonyprotocol) June 26, 2022

Detail: Harmony’s Horizon Bridge hacked, harm estimated at $ a hundred million

The local community reacts strongly that $ one million is not desirable ample to hackers

On the local community side, most people today consider the $ one million reward is also smaller to motivate criminals to come to light.

Didn’t they get about a hundred million? What the hell is one million going to do?

– pleasedonatebtc (@pleasesendmebtc) June 26, 2022

“… What does $ 1 million mean here?”

The hacker has previously created seven million income soon after obtaining the ETH Via Stable coin
So the $ one million provide is rather very low 😁

– SAMIUL | (@ SamiuLt2) June 26, 2022

The hacker created seven million income soon after converting ERC-twenty tokens into stablecoins. The $ one million provide is also very low.

They stole a hundred instances you have to commit at least ten% otherwise they will not be pretty impressed

– 0xUniCardano πŸ‡ΊπŸ‡¦πŸŒˆ non-revenue DEX DAO (@UniCardano) June 26, 2022

β€œThey’ve stolen a hundred instances, so at least you have to provide ten% of that, otherwise they will not be pretty impressed.

Many events are striving to locate the induce of the hacking

According to Mudit Gupta, Polygon’s Chief Information Security Officer, the authors acquired management of a multi-signature wallet utilized in Harmony’s bridge implementation, probably by compromising two personal addresses and withdrawing dollars.

Harmony Protocol’s Horizon bridge was breached and $ a hundred million was drained earlier nowadays.

The bridge was primarily a two in five multisig. If any two addresses informed him to transfer money to a person, he did.

The hacker compromised two addresses and created them run out of dollars. πŸ§΅πŸ‘‡ pic.twitter.com/hv1JWDy9WQ

– Mudit Gupta (@Mudit__Gupta) June 24, 2022

Regarding the task, Harmony CEO Stephen Tse mentioned the staff has so far discovered no proof that intelligent contracts have been compromised nor any vulnerabilities on Horizon. However, there was some proof that the attackers compromised the personal keys and decrypted them, then carried out unauthorized transactions, stealing assets from the Horizon bridge. CEO Harmony also mentioned he will carry on to lead the deployments vital to strengthen the safety barrier for its infrastructure.

two / The response to the incident discovered no proof of violation of the intelligent contract code. No proof of any vulnerability was discovered on the Horizon platform. Our Harmony blockchain consensus degree stays safe.

– stephen tse πŸ’™ s.one particular πŸŒ‰ stse.eth (@stse) June 26, 2022

Theft has prolonged been a thorny dilemma in the cryptocurrency market, with several tasks falling prey to hackers, particularly blockchain bridges. According to an evaluation, additional than $ one billion has been stolen from these bridges considering the fact that the starting of the 12 months.

History of the most really serious attacks in the cryptocurrency market

Synthetic currency 68

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