Tag: harmony

Aug 29 2022

The Latest Review of Harmony One

Back in late 2021, Harmony One burst out into the Layer 1 blockchain scene. With its low-cost decentralized applications (dApps) and fast transaction times, Harmony One was set up for success. Today, we recap what Harmony One is and how to buy its $ONE token, among other features. What is Harmony One? Simply put, Harmony One is an L1 smart...

Jul 27 2022

After Losing $100M, Harmony Wants to Inflate Away Its Problems

Jul 27 2022 Published at Crypto Briefing under tags  exploit harmony news

Weeks after an attacker was able to steal approximately $100 million from Harmony Protocol's cross-chain bridge, the Layer 1 project has shared a controversial proposal to reimburse affected users. Harmony...

Jun 30 2022

How Low Can Harmony(ONE) Price Drop From Here?

Jun 30 2022 Published at Altcoin Buzz under tags  hack harmony one technical analysis

Harmony is a major blockchain initiative that enables developers to create ultra-fast and low-cost applications. In Harmony, the average transaction takes 2 seconds to complete, and each one costs $0.0001. However, since the developers revealed a significant hack of its bridge network, the ONE price has fallen. The team behind Harmony announced it would give...

North Korea’s Lazarus Group linked to $100M Harmony exploit

Notorious North Korean hacker group Lazarus is likely behind the recent exploit of Harmony horizon bridge, leading to the loss of $100 million,...

Harmony Steps Up “Global Manhunt” for $100M Thief as Lazarus Group Blamed

Jun 30 2022 Published at Crypto Briefing under tags  harmony lazarus group news

Elliptic has said that there are strong indications that North Koreas Lazarus Group is responsible for the attack. Harmony Offers $10M Bounty Harmony says it has begun a global manhunt...

Jun 27 2022

Harmony Hacker Begins Laundering Funds

Jun 27 2022 Published at Crypto Briefing under tags  harmony news tornado.cash

The Harmony attacker is sending 100 ETH to the Tornado Cash router every six minutes and has already mixed more than $12 million through the protocol. 100 ETH Every Six...

Harmony Dangles $1M Reward For Return Of $100M Stolen Funds – Is It Enough?

Harmony Protocol wants its money back. Seriously - and without any charges. Harmony has offered a $1 million bounty for anyone who can provide information that can lead to the retrieval of the stolen funds from the hack of its Horizon bridge. The company disclosed on June 24 that a hacker infiltrated their Horizon bridge firewall and carted off with an easy $100...

Jun 26 2022

Harmony Protocol Offers $1M Bounty for the Return of Stolen Funds and Information on the Bridge Exploit

Summary: Harmony Protocol has offered a $1 million bounty for the return of the stolen funds from the hack of its Horizon bridge and for information on how it happened. Harmony Protocols' founder has so far identified compromised private keys as the most likely root cause of the exploit. The team at Harmony Protocol has offered a $1 million bounty for the return...

Jun 24 2022

Harmony Protocol Succumbs To DeFi Exploit, $100 Million Stolen

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. But it has now suffered the same fate as many protocols in the space. On Friday, the protocol announced that it has been the victim of a theft where the perpetrator(s) had made...

$100 Million Worth of Altcoins Stolen in Harmony’s Horizon Bridge Attack

Harmony Protocol’s Horizon Bridge was hacked on Thursday, leading to a loss of $100 million worth of Wrapped Ether (wETH), Frax (FRAX), Sushi (SUSHI), and several other altcoins, including Binance USD (BUSD) and USD Coin (USDC) stablecoins. The Harmony team shared the unfortunate news on Twitter.

Hacker Steals $100M From Harmony’s Horizon Bridge

Harmony Protocol’s Horizon Bridge has been hacked, with about $100 million stolen. The team has contacted authorities and shut down the bridge. This is not the first time that a bridge has been hacked this year, with Ronin and Wormhole both suffering very expensive hacks. Harmony Protocol’s Horizon bridge has been hacked, with the attacker making away approximately $100 million. The project announced...

Breaking: $78 Mln Of Stolen Harmony Protocol Funds Recoverable, Here’s How

Jun 24 2022 Published at Coingape under tags  blockchain news harmony news ronin bridge

Harmony Protocol’s Horizon Bridge was hacked for about $100 million, Harmony Protocol’s Twitter account announced. Metaverse software company, AAG Ventures, took the major brunt. Out of the approx. $100 mln lost in the hack, AAG lost $84 mln. Now, AAG has announced that they were able to freeze $78 mln out of the 84 million...

Harmony’s Cross-Chain Bridge Exploited for $100M

Jun 24 2022 Published at Crypto Briefing under tags  analysis exploit harmony horizon

The Harmony team has confirmed the Horizon bridge has been exploited for approximately $100 million in various tokens. Harmony Bridge Hit for $100M Harmony, an EVM-compatible Proof-of-Stake blockchain, has had...

Harmony Protocol’s Horizon bridge exploited, $100M stolen

Jun 24 2022 Published at CryptoSlate under tags  bitcoin ethereum hack hacks harmony

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. 1/ The Harmony team has identified a theft occurring this morning on the Horizon bridge amounting to approx. $100MM. We have begun...

May 01 2022

Top 5 Worst Performing Crypto of The Week 17

In the last few crypto market days, digital assets across the market have been trying to rally back to trade positively. However, most of them have not been able to achieve this goal. Instead, most of them are seeing a downturn for the worse. As a result, the entire market has suffered a deep cut to see its market cap reduced by 2%....

Apr 30 2022

What Are Layer 2 Solutions? Meet The Top 5 By Market Cap!

Apr 30 2022 Published at CryptoTicker under tags  blockchain crypto ethereum fantom harmony

Blockchains like Ethereum have been the most sought-after since their debut in the crypto sector. With the vast amount of projects and individuals on the network, it is expected to be now congested. This is why carrying out transactions takes a long time, and traders pay more fees to finalize their transactions on time. In a bid to battle out these...

Mar 07 2022

Harmony is the #3 Coin to Watch for the Week of February 07 – March 13, 2022

We’re closing in on two weeks since Russian forces invaded Ukraine and the largest land war on European soil since 1945 is continuing to cause increased volatility on financial markets worldwide. Nevertheless, the prices of certain commodities are skyrocketing. This is especially evident when we look at crude oil and natural gas markets, as Russia is a major player in the global energy...

Harmony is the #3 Coin to Watch for the Week of March 07 – March 13, 2022

We’re closing in on two weeks since Russian forces invaded Ukraine and the largest land war on European soil since 1945 is continuing to cause increased volatility on financial markets worldwide. Nevertheless, the prices of certain commodities are skyrocketing. This is especially evident when we look at crude oil and natural gas markets, as Russia is a major player in the global energy...

Feb 27 2022

Crypto Events | Acala Staking Program | March Week 1

The entire cryptocurrency market space continues to trade in the red zone. Therefore, investors are turning to stablecoins as a hedge against rising bearish trends and price volatility. In line with this, we have published some top upcoming crypto events expected to take place in this new week. These upcoming events range from updates, main net launches, staking programs, IGOs, Private sales, etc....

Feb 21 2022

Harmony Set to Release NFT Passports

Feb 21 2022 Published at Altcoin Buzz under tags  harmony nft nft passport poap

Harmony announces the launch of BAYC passports at ETH Denver. At one of the largest crypto events of the year, Harmony announced one of their newest NFT utilities. Available now, the BAYC passport is an early version of Harmony NFT Passports. The @BoredApeYC craze has...

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