2024-01-04
Slowmist
Blockchain Security and AML Annual Report 2023
#Stake
#Cryptocurrency
#AtomicWallet
#Alphapo
#CoinsPaid
#CoinEx
#Poloniex
#Harmony
Harmony Bridge
#Harmony
- Reported: 2022-06
- Locations: United States
- Motivations: #FinancialGain
- Sectors: #Cryptocurrency
Summary
In June 2022, Harmony’s Horizon Bridge was hacked, resulting in the theft of $100 million in assets, including ETH and BUSD. The attack occurred due to the compromise of two out of five multisig wallets, which allowed the hacker to drain funds across multiple networks. Despite warnings about the security vulnerability, the team failed to act in time. Some experts speculate that the attack might be linked to North Korean state-sponsored groups.