Harmony is a blockchain platform designed to facilitate the creation and use of decentralized applications (DApps). The network aims to innovate the way decentralized applications work by focusing on random state sharding, which allows creating blocks in seconds.
According to the project’s website, Harmony is expected to introduce cross-shard contracts and a cross-chain infrastructure by the end of 2021.
In the proposal posted via the protocol’s community page, Harmony developers revealed that over 14 different asset classes worth close to $100 million were stolen from 65,000 wallets.
The Harmony Protocol has announced $1 million bounty to the hacker and added that they won’t initiate any criminal proceedings if the hacker returns the funds.
Harmony’s Horizon Bridge has been hacked for the sum of $100 million, becoming the latest of the bridges whose security frailty will be exploited in recent months.
