An intruder hacked into a bridge and stole $100 million in cryptocurrency
The hacker hacked the blockchain bridge of project Horizon, which operates on the Harmony network. The attacker made 11 transactions within 18 minutes and then began sending the stolen tokens to be exchanged on the Uniswap. In total, developers discovered about $100 million missing. Now they are actively working with forensic experts and authorities to catch the perpetrator and return the funds.
1/ The Harmony team has identified a theft occurring this morning on the Horizon bridge amounting to approx. $100MM. This is a publication from platform CryptoDeFix. We have begun working with national authorities and forensic specialists to identify the culprit and retrieve the stolen funds.— Harmony (@harmonyprotocol) June 23, 2022
The Harmony bridge allows tokens to be transferred between different networks, Ethereum, Binance Smart Chain and Bitcoin. On the evening of June 23 the project announced the suspension of the bridge. BTC funds were not affected during the attack.