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U.S. crypto firm Harmony hit by $100 million heist

Com registerreporting, Retrieve, Cryptocurrency, Key products, Hacker via, Transaction, Nick macfieour standards, Cyber heists, Crypto firm harmony said, Contact1 min read

U.S. crypto firm Harmony says thieves stole around $100 million worth of digital coins from one of its key products. The company develops blockchains for so-called decentralised finance - peer-to-peer sites that offer loans and other services without the traditional gatekeepers such as banks - and non-fungible tokens. Thefts have long plagued companies in the crypto sector, with blockchain bridges increasingly targeted. Over $1 billion has been stolen from bridges so far in 2022, according to London-based blockchain analytics firm Elliptic. In March, hackers stole $615 million of cryptocurrency from Ronin Bridge, used to transfer crypto in and out of the game Axie Infinity. The United States linked North Korean hackers to the theft Source

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