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Ethereum World News 2022-09-23 15:41:13

Harmony Protocol Amends Recovery Plan After $100 Million Horizon Exploit

Summary: The team published an amended bridge recovery plan featuring 0% token mints and treasury vault deployment. A previous plan recommended forking the chain and minting more ONE tokens but the community voted against such a move. Recovery plans became a hot topic in the Harmony community after the protocol’s Horizon bridge suffered a $100 million hack. On-chain security firm Elliptic tied the massive exploit to the North Korean cybercriminal group Lazarus. Harmony protocol has released the first component of […]

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