Cryptocurrency Prices today, Charts And Market Capitalizations |Ty gia Coin logo Cryptocurrency Prices today, Charts And Market Capitalizations |Ty gia Coin logo
Cryptoknowmics 2022-06-27 06:23:32

Harmony Offers $1M Bounty for Returning Stolen Funds from Recent Hack

Harmony Protocol is offering a $1 million reward for the return of $100 million in crypto stolen from the recent hack of its Ethereum-linked Horizon bridge as well as information on how the hack took place. Harmony also assured that no criminal charges would be pressed when the funds are returned. Harmony Offers $1M Bounty Reward On June 26, the team behind Harmony Protocol offered a $1 million bounty reward for the recovery of its stolen crypto from the hack of its Horizon bridge including information on how the exploit happened. We commit to a $1M bounty for the return of Horizon bridge funds and sharing exploit information. Contact us at whitehat@harmony.one or ETH address 0xd6ddd996b2d5b7db22306654fd548ba2a58693ac. Harmony will advocate for no criminal charges when funds are returned. — Harmony 💙 (@harmonyprotocol) June 26, 2022 While the firm assured that no criminal charges would be pursued for returning the stolen funds, it previously stated that it had “begun working with national authorities and forensic specialists to identify the culprit and retrieve the stolen funds.” At the time of writing, the funds are still sitting in the hacker’s address which holds 85,867 ETH worth approximately $104.6 million. However, if the hacker uses crypto mixing services such as Tornado Cash, retrieving the stolen funds will be next to impossible. Harmony’s ONE Token Slumps Harmony is a layer-1 Proof-of-Stake blockchain. The platform’...

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.