Harmony: Cross-chain bridge services suspended due to a security incident

TechFlow reports, on August 12, according to official news, Harmony stated that it has suspended cross-chain bridge services due to a security incident.

Earlier reports indicated that Harmony was attacked, where attackers exploited an empty block vulnerability to unauthorizedly mint approximately 4 billion ONE, accounting for about 26% of the current supply. Approximately 2.8 billion ONE were subsequently transferred to trading platforms, triggering market selling pressure and causing a decline in ONE price.