Harmony Hack: FBI Involved as Hacker Ignores $1M Bounty After $100M Theft

The Harmony Horizon Bridge exploit, resulting in a staggering $100 million loss, has escalated dramatically. Facing silence from the hacker despite offering a $1 million bounty, Harmony has now reportedly brought in the FBI. This move highlights the severity of the situation and the mounting pressure to recover the stolen funds.

Hacks and scams have become increasingly common in the crypto space. The recent $100 million hack that hit Harmony caused excessive commotion in the market, shaking investor confidence and raising serious questions about security protocols. Harmony’s Horizon bridge was exploited for $100M on Friday.

The team behind the layer-1 blockchain Harmony (ONE) has offered the Horizon Bridge hacker USD 1m in bounty for the return of some USD 100m in stolen funds. El equipo del proyecto blockchain de capa 1 Harmony ha ofrecido una recompensa equivalente a tan solo el 1% de los USD 100 millones en criptomonedas robados, a move that many in the crypto community believe is insufficient.

The team’s 1% bounty may not be enough incentive for the attackers. The funds remain in the hacker’s possession, demonstrating the complex challenges of recovering stolen cryptocurrency. The involvement of the FBI signals a shift towards a more aggressive approach to investigating and potentially recovering the stolen assets. Stay tuned for updates on this developing story.