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

  • Harmony has notified authorities and forensic experts
  • Hackers have stolen more than $1 billion from bridges
Bloomberg business news
Crypto Hackers Steal $100 Million in Latest Bridge Heist
Updated on

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.”