Blockchain Startup Harmony Says $100 Million Was Stolen From Its Service

A popular product on the Harmony network was exploited for over $100 million in cryptocurrencies in what is one of the biggest crypto hacks in recent weeks. From a report: 'The Harmony team has identified a theft occurring this morning on the Horizon bridge amounting to approx. $100MM,' the network's developers said in a tweet. 'We have begun working with national authorities and forensic specialists to identify the culprit and retrieve the stolen funds. The Federal Bureau of Investigation (FBI), the domestic intelligence and legal enforcement agency of the U.S., and cybersecurity firms have joined the search for the attacker, they said in a subsequent tweet. Harmony's native ONE token slumped on news of the exploit, taking its decline in the past 24 hours to more than 12%.

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