Harmony offers $1M bounty, but is it big enough?
The Harmony team says it will offer $1 million to the hacker who exploited the Horizon Bridge for $100 million, but that may not be enough to get the funds back. The Harmony layer-1 blockchain project team has offered a bounty equal to just 1% of the $100 million in crypto stolen from the Horizon Bridge hack last week. Harmony tweeted on June 26 that the team had committed $1 million for the return of the funds that were stolen from the Horizon Bridge on June 23. It added, “Harmony will advocate for no criminal charges when funds are returned.”We commit to a $1M bounty for the return of....
Related News
Harmony Protocol wants its money back. Seriously – and without any charges. Harmony has offered a $1 million bounty for anyone who can provide information that can lead to the retrieval of the stolen funds from the hack of its Horizon bridge. The company disclosed on June 24 that a hacker infiltrated their Horizon bridge […]
Harmony (ONE) is a new blockchain network that is gaining traction as more developers and crypto investors become aware of its features. Is Harmony ONE a good investment?Investing is a very personal endeavor. Do your own research and try to stay on top of any advances in the Harmony ecosystem that might help it grow.Although there is still much to be done, the Harmony project has been considered a solution to poor scaling and interoperability and a useful foundation for DApp developers to scale their apps and transactions. Harmony aspires to be a top crypto network known for its speed and....
A new report suggests that a notorious North Korea-affiliated hacking group may be behind last week’s $100 million Harmony attack. The Lazarus Group, a well-known North Korean hacking syndicate, has been identified as the primary suspect in the recent attack that saw $100 million stolen from the Harmony protocol. According to a new report published today by blockchain analysis firm Elliptic, the manner in which Harmony’s Horizon Bridge was hacked and the way stolen digital assets were consequently laundered bears a striking resemblance to other Lazarus Group attacks.“There are strong....
Cross-chain protocol Mixin Network has offered the hacker behind the $200 million exploit a $20 million bug bounty reward to return the stolen assets. Mixin Woos Hacker With $20 Million Bug Bounty According to blockchain security firm Peckshield, the bug bounty offer was communicated as an on-chain message, with Mixin urging the bad actor to […]
The third most popular dark net market, Hansa, has recently announced a bug bounty program which offers rewards of up to ten bitcoins for each vulnerability found in its marketplace. Bug Bounty Program. Hansa Market’s bug bounty program offers rewards of up to ten bitcoins (worth over $10,200 at press time) for each security hole or other problem found.....