Harmony Proposes Issuing ONE Tokens to Reimburse Victims of $100M Hack

“The Horizon bridge incident resulted in the loss of $99,340,030.00 worth of digital assets across approximately 65,000 wallets and 14 different asset types,” the developers said Wednesday in a proposal posted on the protocol’s governance forum. “The Harmony team feels it is important for the overall strength of the ecosystem that harms to impacted wallets are mitigated in a manner that is feasible and most viable for the project.”

Source: https://www.coindesk.com/tech/2022/07/27/harmony-proposes-issuing-one-tokens-to-reimburse-victims-of-100m-hack/?utm_medium=referral&utm_source=rss&utm_campaign=headlines