BREAKING: Harmony Protocol Loses $100M to Horizon Bridge Hack

Blockchain network, Harmony Protocol, has reported a security breach leading to the loss of approximately $100 million. Hackers exploited a vulnerability to steal 85,837 ETH (appr. $100 million) from Harmony’s Horizon Bridge.

The project reports that it has started collaborating with authorities to identify the bad actor and potentially recover stolen funds.

1/ The Harmony team has identified a theft occurring this morning on the Horizon bridge amounting to approx. $100MM. We have begun working with national authorities and forensic specialists to identify the culprit and retrieve the stolen funds.

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— Harmony 💙 (@harmonyprotocol) June 23, 2022

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