On 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 in Harmony’s bridge. Harmony’s Multi-Sig…
The team behind Harmony Protocol is offering a $1 million reward for information leading to the return of $100 million in altcoins stolen from its Horizon bridge. We commit to a $1M bounty for the return of Horizon bridge funds and sharing exploit information. Contact us at whitehat@harmony.one or ETH address 0xd6ddd996b2d5b7db22306654fd548ba2a58693ac. Harmony will advocate for no criminal charges when…
Illustration by Mitchell Preffer for Decrypt While market leaders Bitcoin and Ethereum recaptured lost ground after prices tumbled more than 30% the week before, the reaction on Crypto Twitter was fairly muted. There was very little high-profile crypto shilling, except from spambots and Michael Saylor. No, if anything, the atmosphere was reflective. Ethereum co-creator Vitalik Buterin once again hit out…
Three days ago, Bitcoin.com News reported on the publicly listed company Voyager Digital after the crypto firm announced that it was owed $655 million worth of digital assets. Now according to a press release from Voyager, the company has secured funds from Alameda Ventures in order to get more access to liquidity. Voyager Borrows $500 Million from Alameda Voyager Digital…
Bitcoin (BTC) made the most of weekend volatility on June 26 as a squeeze saw BTC/USD reach its highest in over a week. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView “Unusual whale activity” flagged Data from Cointelegraph Markets Pro and TradingView followed the largest cryptocurrency as it hit $21,868 on Bitstamp. Just hours from the weekly close, a reversal then set…
Source: https://cointelegraph.com/magazine/2022/06/26/6-questions-for-daniel-yan-of-matrixport
Various prominent Bitcoin experts, including Adam Back, Jimmy Song and Andreas Antonopoulos, have raised some concerns over the implementation of restrictive covenants, in particular with the BIP119. In particular, Antonopoulos has voiced concerns over “recursive covenants” that the new update could convey, thereby deteriorating the network. A recursive covenant occurs when a programmer restricts a transaction, but he does it…
The government in Tehran is taking steps in preparation of the launch of Iran’s new digital currency, referred to as the crypto rial. The monetary authority of the Islamic Republic hopes to initiate the pilot phase of the project within the next two months. Crypto Rial to Be Different From Cryptocurrencies, Central Bank Says Iranian authorities are taking the necessary…
Ethereum’s native token Ether (ETH) has declined by more than 35% against Bitcoin (BTC) since December 2021 with a potential to decline further in the coming months. ETH/BTC weekly price chart. Source: TradingView ETH/BTC dynamics The ETH/BTC pair’s bullish trends typically suggest an increasing risk appetite among crypto traders, where speculation is more focused on Ether’s future valuations versus keeping…
Forget it, Jake. It’s Goblintown. Source: https://decrypt.co/103848/a-tale-of-two-ethereum-nft-parties-doodles-goblintown
