Harmony Horizon Exploit Linked to North Korea; $10M Bounty Offered in 'Global Manhunt'
Developers said the team was “gathering wallet data” and strategizing plans based on the impact that the incident caused on users. Source
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Horizon
North Korean Hacking Group Behind $100M Horizon Bridge Hack: Report
The Lazarus Group – a North Korean hacking group believed to be supported by the Kim regime – is likely behind last week’s hack of Harmony Bridge, according to new analysis by blockchain research firm Elliptic. Original Source
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Ethereum Plugs 11-Week Bleed, why $1,500 May Be On The Horizon
Ethereum has been closing red week after red week for the past 11 weeks. It is the longest red streak that has been recorded in the history of the cryptocurrency, hence, it carried significant implications for the digital asset. Through the decline, it has been one of the worst-hit coins,
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Value Locked in Defi Jumped 7% in 5 Days — Harmony’s Horizon Bridge Siphoned for $100M – Defi Bitcoin News
While crypto prices have seen some healing during the last few days, 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
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Grayscale Bitcoin Trust’s ‘GBTC Discount’ Narrows With ETF Decision on Horizon
Grayscale (whose parent company Digital Currency Group also owns CryptoX) has applied to convert the GBTC into an exchange-traded fund, or ETF. And for months, some traders have been monitoring the discount as a proxy for the likelihood of winning approval. According to the market logic, the GBTC would trade
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Harmony Network's Horizon Bridge Exploited for $100M
Developers said they are working with authorities and forensic specialists to identify the culprit. Original Source
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Harmony’s Horizon Bridge hacked for $100M
The Horizon Bridge to the Harmony One layer-1 blockchain has been exploited for $100 million in altcoins which are being swapped for Ether (ETH).The hack may vindicate previously raised community concerns about the robustness of the two of four multisig that reportedly secures the bridge.Starting at about 7:08 am until
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Meta Starts Building a Digital Economy for Creators in Horizon Worlds
The leader in news and information on cryptocurrency, digital assets and the future of money, CryptoX is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CryptoX is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies
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What’s a ‘Long-Term’ Time Horizon for Crypto?
Finally, strategies that take three or more years to enact are often performed by people who stay abreast of crypto news, or even have a foot within the industry. This may include venture capitalists, family offices, and other long-term investors who have access to early stage deals at lower valuations,
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Defunct File-Sharing Platform Limewire Plans a Comeback, NFT Marketplace and Token on the Horizon – Bitcoin News
The once-popular and now discontinued file-sharing platform Limewire is returning after shutting down in 2010. However, rather than provide access to copyrighted music files and movies, the new Limewire aims to launch a marketplace dedicated to non-fungible token (NFT) technology. Limewire Plans to Return With an NFT Marketplace Platform Limewire plans to
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