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The Harmony network is losing out on $100 million in assets today, after a hacker stole private keys and infiltrated a cross-chain bridge.

Another decentralized finance (DeFi) protocol has fallen prey to an exploit. The Harmony protocol had been gaining popularity among DeFi users over the last year as the DeFi space bloomed.

Be[In]Crypto takes a look at the five cryptocurrencies that decreased the most from June 17 to 24, including Harmony (ONE), which decreased after news of a $100 million exploit from their bridge. The post Harmony (ONE) Decreases After $100 Million Hack: Biggest Weekly Losers appeared first on BeInCrypto.

Recently a crypto hackers group who possibly maintain their operations in the US attacked the crypto firm Harmony. The blockchain company reportedly lost around $100 million after a massive hack in the last hours.

Harmony's cross-chain protocol, the Horizon Bridge, has been hacked, leading to a loss of funds of around $100 million.  Stolen Altcoins Swapped For ETH Earlier today, the Horizon Bridge, which facilitates token transfers between Harmony and the Ethereum network, Binance Chain and Bitcoin, was targeted by hackers.

The Horizon bridge enabling the transfer of crypto assets between the Harmony (CRYPTO: ONE) and Ethereum (CRYPTO: ETH) blockchains has been hacked and $100 million worth of assets were stolen. What Happened: Harmony's official Twitter Inc. (NYSE: TWTR) account announced on Friday it has detected a theft on the Horizen bridge this morning totaling about $100 million.

Hackers used the Horizon Bridge to swap $100 million worth of altcoins for Ether, which is being stored on the blockchain of the Harmony layer-1 platform. In a statement, the company said it had identified a theft on the Horizon…

The hack is the third attack on a crypto bridge so far this year, bringing the total stolen to roughly $1 billion.

Analysts said the hacker gained control of the multi-signature wallet used in deploying Harmony's bridge. The post Harmony's $100 million hacker took control of its multi-signature wallet, analysts say appeared first on The Block.

The Horizon Bridge to the Harmony layer-1 blockchain has been hit by a major security breach that saw an estimated $100 million worth of cryptocurrency successfully siphoned out of the protocol.

An attracting swap possibility is not what you think

Harmony Protocol's Horizon Bridge has been hacked, with about $100 million stolen. The team has contacted authorities and shut down the bridge.

Harmony Protocol's Horizon Bridge was hacked for about $100 million, Harmony Protocol's Twitter account announced. As it turns out, Metaverse software company, AAG Ventures, took the major brunt.

The Horizon Ethereum bridge got hacked out of $100 million in altcoins becoming the latest cross-chain bridge to get by an exploit so let's read more today in our latest cryptocurrency news. The Horizon Ethereum bridge got attacked by hackers and they managed to steal $100 million in cryptocurrency.

Horizon Bridge has become the latest DeFi project to be exploited, with the hackers stealing $100 million.

Coinspeaker Harmony's Horizon Bridge Hacked for $100M, Stirring a Slump in ONE Token

A popular cross-chain protocol, Harmony Horizon Bridge, has reportedly suffered exploitation, leading to a loss of about $100 million in altcoins. The protocol confirmed the development in a tweet conveyed via its official handle on Friday.

The Harmony team has notified law enforcement authorities and is working with forensic specialists to identify the attacker and retrieve the stolen funds.

A $100 million worth of altcoins have been stolen through the Horizon Bridge to the Harmony layer-1 blockchain and exchanged for Ether (ETH). The hack might prove the community's earlier worries about the reliability of the two of four Multisig that safeguard the bridge to be non-existent.

Hackers have stolen $100 million in cryptocurrency from Horizon, a so-called blockchain bridge developed by crypto start-up Harmony.

Hackers made off with around $100 million from a so-called cryptocurrency bridge with a hack of Harmony's Horizon bridge on Thursday. Justina Lee reports on Bloomberg Television.

Layer-1 blockchain network Harmony Protocol (ONE) said on June 24 that a hacker exploited its horizon bridge, and roughly $100 million worth of tokens on the bridge were stolen. The post Harmony Protocol's Horizon bridge exploited, $100M stolen appeared first on CryptoSlate.

An attack targeting a critical vulnerability in Horizon Bridge, a cryptocurrency bridge that was targeted by hackers, resulted in the theft of about $100...

U.S. crypto firm Harmony said on Friday that thieves stole around $100 million worth of digital coins from one of its key products, the latest in a string of cyber heists on a sector long targeted by hackers.