Harbor protocol falls victim to attack, funds go missing
Cosmos network stablecoin project Harbor confirmed Saturday, Aug. 19, that its security has been breached, resulting in exploitation. The interchain stablecoin protocol announced on social media platform X that it fell victim to a protocol attack . Some pools, including Luna, went missing . Funds from the vaults were stolen by an anonymous hacker who obtained access to the Harbor Protocol, a cross-chain stablecoin built on top of the Cosmos platform. 1/ Dear Harbor Community, It has come to our notice that Harbor protocol has been exploited over the past few hours, resulting in a drain on a portion of the funds sitting in the stable-mint and stOSMO, LUNA and WMATIC vaults. — Harbor Protocol (@Harbor_Protocol) August 19, 2023 You might also like: 0x Protocol Aims to Supersede Centralized Exchanges as ICO Funds are Utilized for Development Who attacked Harbor? According to the Harbor Protocol Team, the exploiter used the address comdex1sma0ntw7fq3fpux8suxkm9h8y64...