One Ethereum (ETH) competitor has been a big hit after hackers leaked about $ 100 million worth of cryptocurrencies from cross-chain bridges.
Harmony (ONE) team To tell The breach occurred on the morning of June 24th at the Horizon Bridge. This allows users to move crypto assets between Ethereum, Binance Smart Chain and Harmony.
“The Harmony team has identified a $ 100 million theft that occurred at Horizon Bridge this morning. We worked with state authorities and forensic experts to identify the perpetrator and recover the stolen funds. started.”
Harmony hit a high of $ 0.0268 on June 23 and then fell to a low of $ 0.0236 on June 24, dropping nearly 12% within a few hours. ONE has since bounced and is trading at $ 0.025 at the time of writing.
According to blockchain analytics firm Elliptic, $ 99.7 million worth of crypto assets Stolen From Binance Smart Chain and Ethereum Blockchain.
Also oval To tell The stolen assets include two blockchain native tokens and various stablecoins designed to maintain the US dollar peg.
“Various assets such as ETH, BNB, Tether (USDT), USD Coin (USDC), Die (DAI) have been acquired. The stolen tokens were exchanged for ETH using decentralized exchange. This is a common technique in these hacks. “
according to To Elliptic, the Harmony team appears to be open to opening dialogue with the robbery entity based on the message embedded in the Ethereum transaction read.
“The harmony team is interested in communication and negotiation. To start a conversation, please contact security@harmony.one. Communication can be anonymous.”
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