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Harmony Hack – DIGIT INFO https://www.digit.info Bookmarking Crypto Insights Wed, 27 Jul 2022 06:06:30 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.png Harmony Hack – DIGIT INFO https://www.digit.info 32 32 Backlash as Harmony proposes minting 4.97B tokens to reimburse victims https://www.digit.info/backlash-as-harmony-proposes-minting-4-97b-tokens-to-reimburse-victims/ Wed, 27 Jul 2022 06:06:30 +0000 https://www.digit.info/2022/07/27/backlash-as-harmony-proposes-minting-4-97b-tokens-to-reimburse-victims/

Under the proposal, there would be either a 100% reimbursement via 4.97 billion new ONE tokens, or a 50% reimbursement with 2.48 billion ONE tokens.

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]]> Harmony’s $100M Hack Was Due to a Compromised Multi-Sig Scheme, Says Analyst https://www.digit.info/harmonys-100m-hack-was-due-to-a-compromised-multi-sig-scheme-says-analyst/ Sun, 26 Jun 2022 18:30:36 +0000 https://www.digit.info/2022/06/26/harmonys-100m-hack-was-due-to-a-compromised-multi-sig-scheme-says-analyst/ Read more]]> Harmony's $100M Hack Was Due to a Compromised Multi-Sig Scheme, Says AnalystOn June 23, 2022, the Harmony development team announced that $100 million was siphoned from the Horizon bridge, and the organization explained it was working with national authorities and forensic specialists. According to an account published Polygon’s chief information security officer, Mudit Gupta, the Horizon bridge attacker allegedly took control of the multi-signature wallet leveraged […]

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