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Browse: Home / 2022 / June / 27 / Hackers Steal $100 Million by Exploiting Crypto’s Weak Link – Bloomberg

Hackers Steal $100 Million by Exploiting Crypto’s Weak Link – Bloomberg

By Securities Docket on June 27, 2022, 8:21 am

Hackers looted about $100 million from a so-called cryptocurrency bridge, again exposing a key vulnerability in the digital-asset ecosystem.

Blockchain Harmony said in a tweet that the hack of its Horizon bridge, which lets people swap coins between different blockchains, took place Thursday morning. It has “begun working with national authorities and forensic specialists to identify the culprit and retrieve the stolen funds.”

Source: Hackers Steal $100 Million by Exploiting Crypto’s Weak Link – Bloomberg

Posted in Industry, Top | Tagged Cryptocurrency

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