Summary of the Harmony Horizon Bridge Incident
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Summary of the Harmony Horizon Bridge Incident
An individual, group or groups of perpetrators began transferring Harmony’s Horizon Bridge’s assets on the Ethereum chain, starting on Jun-23–2022 11:06:46 AM +UTC, 14 bridged assets, including USDC, ETH and USDT on Ethereum, and also BNB on Binance Smart Chain, into a previously unrecognized account 0x0d04…d000. The perpetrator(s) compromised at least two out of four private keys of the bridge validators and gained control of the bridged assets, to then begin funneling the assets into a combination of new wallets (known as wallet hopping) and eventually into a mixer called Tornado Cash. Forensics teams are actively monitoring the activities of these wallets and the mixer.
Harmony had offered a $1M bounty to return the remaining stolen amount. The bounty was soon after increased to $10M but Harmony has not received a legitimate response to date. The global hunt continues with investigations passed on to the …
An individual, group or groups of perpetrators began transferring Harmony’s Horizon Bridge’s assets on the Ethereum chain, starting on Jun-23–2022 11:06:46 AM +UTC, 14 bridged assets, including USDC, ETH and USDT on Ethereum, and also BNB on Binance Smart Chain, into a previously unrecognized account 0x0d04…d000. The perpetrator(s) compromised at least two out of four private keys of the bridge validators and gained control of the bridged assets, to then begin funneling the assets into a combination of new wallets (known as wallet hopping) and eventually into a mixer called Tornado Cash. Forensics teams are actively monitoring the activities of these wallets and the mixer.
Harmony had offered a $1M bounty to return the remaining stolen amount. The bounty was soon after increased to $10M but Harmony has not received a legitimate response to date. The global hunt continues with investigations passed on to the …