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Hackers Steal $100M in Crypto From Harmony Blockchain Bridge

  • #Computer Science
  • #Robberies and thefts
  • #Driving
  • #North Korea
  • #Finance
story
JUN 2022
Image copyright: Getty Images [via TechCrunch]
story last updated SEP 2022

The Spin

Narrative A

Despite continued worries surrounding the security of crypto bridges, the market has managed to shrug off the impact of another attack. This is a positive sign for the crypto market more broadly, despite its struggles with security and demand in recent months.

Cointelegraph

Narrative B

This heist has once again revealed the severity of security issues in the crypto market. The absence of a strong regulatory framework has allowed hackers to turn crypto markets into their playground and their attacks could drag the market to a complete halt.

TechStory

Metaculus Prediction


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Articles on this story

Hacker exploits Harmony blockchain bridge, loots $100M in crypto – TechCrunch
TechCrunchJUL 2022
Hackers steal $100 million worth in cryptocurrency in latest heist
USA TodayJUL 2022
Hackers swipe $100 million in cryptocurrency from blockchain bridge Harmony
CBSJUL 2022
Hackers stole $100 million worth of cryptos from Harmony's blockchain in another blow to digital assets
Business InsiderJUL 2022
Hackers Steal Another $100 Million In Crypto From A Blockchain Transfer Protocol, Total Lost In 2022 Above $1 Billion
ForbesJUL 2022
Crypto hackers steal $100 million from blockchain bridge
Washington PostJUL 2022
Hackers Steal $100 Million in Crypto From Harmony Blockchain Bridge
Wall Street JournalJUL 2022
Hackers steal $100M of digital coins from crypto firm Harmony
New York PostJUL 2022