Jonathan Greig reports:
Blockchain company Harmony said $100 million in cryptocurrency was stolen from the platform on Thursday evening. The company said the FBI is now investigating the theft alongside several cybersecurity firms.
A cross-chain bridge – also known as a blockchain bridge – allows people to transfer tokens, assets, smart contract instructions and data between blockchains. They have become a ripe target for hackers in recent months and exploits in bridges have led to millions of dollars in losses.
Read more at The Record.