Harmony’s Horizon Bridge hacked for $100M

The Horizon Bridge to the Harmony layer-1 blockchain has been exploited for $100 million in altcoins which are being swapped for Ether (ETH).

The hack may vindicate previously raised community concerns about the robustness of the two of four multisig that reportedly secures the bridge.

Starting at about 7:08 am EST until 7:26 am EST, 11 transactions were made from the bridge for various tokens. They have since begun sending tokens to a different wallet to swap for ETH on the Uniswap <a href="https://cointelegraph.com/trading-for-beginners/what-is-dydx-a-beginners-guide-to-trading-on-a-decentralized-exchange"…

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