Harmony Horizon Exploit Linked to North Korea; $10M Bounty Offered in 'Global Manhunt'

South Africa News News

Harmony Horizon Exploit Linked to North Korea; $10M Bounty Offered in 'Global Manhunt'
South Africa Latest News,South Africa Headlines
  • 📰 CoinDesk
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

Harmony has offered a $10 million bounty for the return of $100 million in stolen funds linked to North Korean hackers. shauryamalwa reports.

The exploited"Horizon" bridge allowed users to exchange assets such as tokens, stablecoins and non-fungible tokens , among the Ethereum, Binance Smart Chain , and Harmony blockchains.

Harmony team has additionally offered “one final opportunity” for the attackers to return the assets with anonymity: “The final term is they retain $10 million and return the remaining amount, in addition to the team ceasing the investigation.”release“There are strong indications that North Korea’s Lazarus Group may be responsible for this theft,” Elliptic researchers said. “Based on the nature of the hack and the subsequent laundering of the stolen funds.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

CoinDesk /  🏆 291. in US

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

North Korean Hackers Reportedly Behind the $100 Million Harmony ExploitNorth Korean Hackers Reportedly Behind the $100 Million Harmony ExploitElliptic reportedly claimed that the criminal organization which drained $100 million worth of crypto from Harmony was the Lazarus Group.
Read more »

Health Via Drone: Zipline Now Delivering Medicine Via Fixed-Wing Drones In North CarolinaHealth Via Drone: Zipline Now Delivering Medicine Via Fixed-Wing Drones In North CarolinaZipline’s drones launch like fighter jets off aircraft carriers, drop packages like paratroopers gliding down on customers’ homes, and “land” by running into an aerial arrestor hook.
Read more »

1 man dies in incident area of North Bay grass fire1 man dies in incident area of North Bay grass fireA man died in a grass fire that tore through 63 acres before firefighters got flames under control in west Sonoma County on Monday.
Read more »

Fairmont brings inaugural residences to North CarolinaFairmont brings inaugural residences to North CarolinaHospitality brand Fairmont Hotels and Resorts is planning to bring its first private luxury residences to the Blue Ridge Mountain region of North Carolina.
Read more »



Render Time: 2025-03-04 11:26:49