Harmony Protocol, a blockchain-based Proof-of-stake (PoS) YesTweet an offer“$1 million” bounty to recover $100 million in crypto stolen from Ethereum-linked Horizon bridge hack Thursday. including information about how the hack happened
The company added it would “no criminal charges” if the money was returned.
Stephen Tse, Founder and CEO of Harmony Protocol also tweeted“There is no evidence of smart contract code breaches and no evidence of vulnerabilities has been found on the Horizon platform and the consensus layer of the Harmony blockchain remains secure.”
2/ Incident response has found no evidence of smart contract code breach. No evidence of any vulnerability on the Horizon platform was found. Our consensus layer of the Harmony blockchain remains secure.
— stephen tse
s.one
stse.eth (@stse) June 26, 2022
Meanwhile, the Harmony team is continuing their investigation. Security experts have proposedSome insights onwith the hack on Friday, according to information from Mudit Gupta Polygon’s chief information security officer found that the perpetrator had taken control of the wallet. multi-signature used to deploy the Harmony bridge.
Harmony Protocol’s Horizon bridge was hacked and $100 million were drained earlier today.
The bridge was essentially a 2 of 5 multisig. If any 2 addresses told it to transfer funds to someone, it did.
The hacker compromised 2 addresses and made them drain the money.
pic.twitter.com/hv1JWDy9WQ
— Mudit Gupta (@Mudit__Gupta) June 24, 2022
and today Tse said“His team has found evidence that private keys were compromised, leading to our hacking of our Horizon bridge.”
3/ The team has found evidence that private keys were compromised, leading to the breach of our Horizon bridge. Funds were stolen from the Ethereum side of the bridge.
— stephen tse
He added that while the investigation is ongoing, Harmony will “take further steps to strengthen our operations and infrastructure security.”
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