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On june 24th 2022, the harmony “horizon bridge” was hacked and thieves stole a variety of cryptoassets with a total value of $99. 6 million. These cryptoassets were swapped for ether. Jan 16, 2023 · security teams at crypto exchanges binance and huobi worked together to freeze and recover 121 bitcoin (btc) from hackers behind the harmony bridge exploit.
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Jan 16, 2023 · the attack drained the service, which enables crypto assets to be traded between the harmony blockchain and other blockchains, of $100 million worth of crypto, including ether. Harmony already has a working blockchain. The eip 1559 fork won't speed up transactions times and it will only minimally reduce gas fees. The biggest change is the fee being burnt instead of.
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26 votes, 53 comments. Whats the bull case for harmony? Is there still a solid use case? What happened with the recent hack? Horizon bridge was exploited for $100 million in altcoins that were being.