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Harmony's $100M Hack Was Due to a Compromised Multi-Sig Scheme, Says Analyst – Bitcoin News

Summary by Ground News
The total value locked (TVL) across the entire decentralized finance (defi) ecosystem has also improved. The TVL in defi has seen an increase of 7.19% since June 20, and the defi protocol Makerdao's TVL dominates by 10.37% this weekend. Despite smart contract tokens seeing some gains this week, the TVL across the cross-chain bridge sector is down 60.4% during the past 30 days.
2 months ago

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Harmony's $100M Hack Was Due to a Compromised Multi-Sig Scheme, Says Analyst – Bitcoin News

Mudit Gupta says the Horizon bridge attacker allegedly took control of the multi-signature wallet leveraged in Harmony's bridge.

2 months ago
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Harmony’s $100M Hack Was Due to a Compromised Multi-Sig Scheme, Says Analyst – Bitcoin News

Jamie Redman 2022-06-26 14:30:36 news.bitcoin.com On June 23, 2022, the Harmony development team announced that $100 million was siphoned from the Horizon bridge, and the organization explained it was…

2 months ago
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Harmony's $100M Hack Was Due to a Compromised Multi-Sig Scheme, Says Analyst – Bitcoin News - DailyCrypto

On June 23, 2022, the Harmony development team announced that $100 million was siphoned from the Horizon bridge, and the organization explained it was working with national authorities and forensic specialists. According to an account published Polygon’s chief information security officer, Mudit Gupta, the Horizon bridge attacker allegedly took control of the multi-signature wallet leveraged […]

2 months ago
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Harmony's $100M Hack Was Due to a Compromised Multi-Sig Scheme, Says Analyst – Bitcoin News - Crypto Biz Daily

On June 23, 2022, the Concord growth group introduced that $100 million was siphoned from the Horizon bridge, and the group defined it was working with nationwide authorities and forensic specialists. In keeping with an account printed Polygon’s chief info safety officer, Mudit Gupta, the Horizon bridge attacker allegedly took management of the multi-signature pockets […]

2 months ago
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Harmony's $100M Hack Was Due to a Compromised Multi-Sig Scheme, Says Analyst – Bitcoin News

Harmony’s $100M Hack Was Due to a Compromised Multi-Sig Scheme, Says Analyst – Bitcoin News Source link

2 months ago
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Harmony’s $100M Hack Was Due to a Compromised Multi-Sig Scheme, Says Analyst

Read here: https://news.bitcoin.com/harmonys-100m-hack-was-due-to-a-compromised-multi-sig-scheme-says-analyst/

2 months ago
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