BITCOIN CRASH INCOMING

Last updated: June 16, 2025, 22:20  |  Written by: Anthony Di Iorio

Bitcoin Crash Incoming
Bitcoin Crash Incoming

The Attack Adds To This

FBI links Lazarus Group to Harmony’s $100M bridge attack

Hackers have stolen $100 million in cryptocurrency from Horizon, a so-called blockchain bridge developed by crypto start-up Harmony. Bridges allow users to transfer

The attack adds to this year's litany of exploits targeting bridges, which allow users to move tokens between blockchains, taking the total lost to more than $1 billion in 2025

With Hacks And Attacks Taking

Harmony [ONE] sinks by 12% following $100M Horizon Bridge

The Harmony Horizon Bridge Hack - elliptic.co

With hacks and attacks taking the front stage, a part of the Harmony network was exploited. The Horizon Bridge to the Harmony layer-1 chain underwent a massive attack

After Successfully Compromising Private Keys

After successfully compromising private keys and stealing funds on the Ethereum side of the Horizon bridge, the attackers proceeded to execute a well-orchestrated exploit scenario. Here

Hackers steal $100 million in crypto from Harmony's Horizon bridge

Summary of the Horizon Bridge Incident - Announcements

We Believe The Attacker

Harmony's Horizon Bridge Attack: How $100M was Siphoned

On Friday, June 24, the Harmony Bridge was attacked, and altcoins to the tune of $100 million were swapped for ETH and siphoned. This was announced in their official blog

We believe the attacker (s) 1) employed a phishing schemes to trick at least one software developer to install malicious software on their laptop, that 2) enabled the

Through Our Investigation

Harmony’s Horizon Bridge Hack. On Thursday, J

Harmony Ropes in FBI After Losing $100M in Exploit; ONE

“Through our investigation, we were able to confirm that the Lazarus Group (also known as APT38) cyber actors associated with the DPRK, are responsible for the theft of

Our Incident Response Team Has

Harmony’s Horizon Bridge Exploit: A Crypto Money Laundering

Our incident response team has discovered evidence that private keys were compromised, leading to the breach of the Horizon bridge. Funds were stolen on the Ethereum

Horizon Bridge: the cryptoasset bridge which connects the Harmony blockchain with Ethereum and Binance Smart Chain, allowing users to transfer tokens seamlessly between the three

Anthony Di Iorio can be reached at [email protected].

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