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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...

The community has been divided as to whether the NFT-like "digital artifacts" are the right fit for the Bitcoin ecosystem. The recent launch of a nonfungible token (NFT) protocol on the Bitcoin mainnet has the crypto community divided over whether it’ll be good for the Bitcoin ecosystem.  The protocol, referred to as “Ordinals,” was created by software engineer Casey Rodarmor, who officially launched the program on the Bitcoin mainnet following a Jan. 21 blog post. The protocol essentially allows for the Bitcoin version of NFTs — described as “digital artifacts” on the Bitcoin network. These “digital artificats” can comprise of JPEG-like images, PDFs, video and audio formats. Meme-inspired, NFT-like “digital artifacts” are now being inscripted on the Bitcoin network. Source: Ordinals. The introduction of the protocol has the Bitcoin community divided however, with some arguing that it would offer more financial use cases for Bitcoin, while others say its straying away fro...