Harmony provides a $ one million reward for the Horizon hacker

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.

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.

“… What does $ 1 million mean here?”

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

“They’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.

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.

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

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