Harmony Protocol's Horizon Bridge has suffered an attack worth approximately $100 million.

Posted date 08/07/2022

The company Harmony Protocol has said it has identified a theft on the Bridge Horizon, indicating that it has begun working with authorities and forensic specialists to find the perpetrator as quickly as possible and recover the stolen funds.

The Bridge Horizon system acts as a bridge for the transfer of tokens between Harmony and the Ethereum network, the blockchain for Binance and BTC. They have announced that the bridge has been stopped, but the transfer and assets of the cryptocurrencies have not been affected.