Harmony's $100 million hacker took control of its multi-signature wallet, analysts say

Quick Take

  • The Harmony blockchain suffered a $100 million theft on its Horizon bridge
  • Security analysts say the hacker first gained control of bridge’s multi-signature wallet.

On Thursday, Harmony, a proof-of-stake (PoS) blockchain, lost $100 million to a theft on its Ethereum-linked bridge. 

The anonymous hacker stole multiple assets, including ETH, BNB, USDT, USDC and DAI. These assets were previously bridged from Ethereum to the Harmony blockchain through the Horizon bridge.

In response, Harmony said it was working with law enforcement agencies and cyber security firms. Still, the team did not explain