MistTrack – a crypto tracking and compliance platform – has published updates on its investigation of the Harmony bridge hack that compromised $100 million last June. They found that the infamous North Korean hacking organization, The Lazarus Group, are likely behind the theft. The Movement of Funds In a Twitter thread on Monday, MistTrack said Lazarus passed the stolen funds through multiple exchanges and blockchains while attempting to cover their on-chain tracks. ...
Read More »Harmony Doesn’t Plan to Mint Aditional ONE Tokens
Harmony Protocol, which suffered a hack in June, has shared an update on its recovery plan for the community. The team stated that there would be zero percent minting, at least for now. In an amended recovery proposal published in a Medium blog post on Friday (September 23, 2022), the Harmony team said there are no plans to mint additional ONE tokens, nor would there be a hard fork. The latest development shows a shift from an earlier recovery plan in July, which proposed a...
Read More »Two Major Binance Launchpad IEOs Launch Staking
The growing interest towards staking has pushed the blockchain-based project Harmony to begin implementing it as well. Interestingly, another popular project which had its IEO on Binance Launchpad, namely MATIC Network, also recently elaborated on its staking service developments.Harmony Will Support StakingHarmony utilized the Binance Launchpad to have its IEO nearly a year ago. Now, in a press release shared with CryptoPotato, the company announced the upgrade of its mainnet to support...
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