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Crypto worth $100 million stolen from blockchain bridge Horizon
By Shubhangi Mathur - Jun 24, 2022, 08:43 PM ET
Last Updated - Mar 06, 2024, 12:56 PM EST
The blockchain bridge said it is working alongside the FBI and multiple cyber security firms
• The blockchain bridge said it is working alongside the FBI and multiple cyber security firms
Around $100 million in cryptocurrency were stolen from the blockchain bridge Horizon, said the developers behind the start-up.
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Blockchain bridge developer Harmony said in a tweet that it is working alongside the FBI and multiple cyber security firms, regarding the crypto theft.
“The Harmony team has identified a theft occurring this morning on the Horizon bridge amounting to approx. $100MM,” Harmony tweeted.
“We have begun working with national authorities and forensic specialists to identify the culprit and retrieve the stolen funds.”
Blockchain bridges offer users a way of transferring their assets from one blockchain to another. Horizon allows users to send tokens from the Ethereum network to Binance Smart Chain.
Picture Credits: Getty Images
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