A blockchain bridge titled Harmony, which helps in transferring cryptocurrency tokens between each other, recently disclosed that $100 million in digital currency was stolen on Thursday morning from its Horizon bridge.
Harmony revealed that its Horizon Ethereum Bridge was a victim of a “malicious attack” in a blog post outlining the incident.
Harmony said that its separate bridge used for bitcoin wasn’t affected by the hack and that its funds and assets are safe. They have notified other exchanges and stopped its bridge “Horizon” to prevent further transactions as the company investigates the heist.
In order to track down the hacker and recover the stolen money, the platform has started working with local law enforcement and forensic experts.
The hack and ransacking of Horizon weren’t the first this year. In March, cybercriminals stole about $620 million worth of cryptocurrency from a network used to process in-game transactions for Axie Infinity, one of the world’s most popular NFT video games.
