Stablecoin Project Harbor Hacked: Funds Stolen
Harbor, a stablecoin project on the Cosmos network, announced that it has been hacked, resulting in the theft of funds from its vaults. The attack was carried out by an anonymous hacker who gained access to the Harbor Protocol. Here are the key points:
- Harbor protocol fell victim to a protocol attack, resulting in the theft of funds from its vaults.
- The hacker used the address comdex1sma0ntw7fq3fpux8suxkm9h8y642fuqt0ujwt5.
- The losses incurred are currently being calculated, and the protocol is trying to identify the money used in the attack.
- Details of the event report will be released once the assault pattern is identified.
- Separately, BNB’s cross-chain bridge (0x489a) was also targeted, resulting in the liquidation of over 1.1 million BNB tokens worth about $10.2 million.
It is crucial for the Harbor community to remain patient and supportive as the protocol works to resolve the issue and compensate affected users.
Hot Take
The recent hacking incident involving Harbor and the BNB cross-chain bridge highlights the ongoing security challenges faced by the crypto industry. The theft of significant funds underscores the need for robust security measures and constant vigilance to protect user assets. This incident serves as a reminder to crypto readers to exercise caution and choose platforms with strong security protocols.
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