THELOGICALINDIAN - Harmony has additionally offered a final claiming to the perpetrator abaft aftermost weeks 100 actor Horizon arch advance
Elliptic has said that there are “strong indications” that North Korea’s Lazarus Group is amenable for the attack.
Harmony Offers $10M Bounty
Harmony says it has amorphous a “global manhunt” to acquisition the perpetrator abaft the Jun. 24 attack that saw $100 actor account of agenda assets abandon from its cross-chain bridge, Horizon.
The aggregation abaft the Layer 1 blockchain acquaint an update on the adventure on Twitter aboriginal Thursday, adage that it had contacted law enforcement, Chainalysis, and AnChain.AI to advice analyze the attacker.
It additionally offered the antagonist a final ultimatum, alliance to bead its analysis if the funds were alternate bare a $10 actor compensation (Harmony initially offered $1 actor for the acknowledgment of the funds). “Retain $10M and acknowledgment the actual baseborn amount. In exchange, Harmony will cease its investigation,” a tweet read. Harmony is additionally alms $10 actor for advice arch to the safe acknowledgment of the funds.
The amend additionally gave the antagonist a borderline of 00:00 UTC on Jul. 5 to admit communication.
Elliptic Blames Lazarus Group for $100M Attack
While the analysis is advancing with no aggressor confirmed, the blockchain analytics close Elliptic has claimed that Lazarus Group may be amenable for the theft.
In a Wednesday blog post, the close said that there are “strong indications” that the North Korean state-sponsored hacking accumulation was abaft the attack.
The column acclaimed how the antagonist has so far apple-pie about $39 actor of the boodle through the Ethereum mixer Tornado Cash in a bid to adumbrate their on-chain transaction history. Elliptic said that it had acclimated demixing techniques to trace the funds to a cardinal of new wallets, acquainted that Lazarus may be amenable “based on the attributes of the drudge and the consecutive bed-making of the baseborn funds.”
It added that the attributes of the annexation and money bed-making was “consistent with activities of the Lazarus Group” and acicular to the $550 actor hack on Axie Infinity’s Ronin Bridge. The U.S. Treasury Department and others blamed Lazarus for the Ronin advance in the fallout from the incident.
The column added added that the Harmony arch annexation was accomplished by compromising a multi-signature wallet, acceptable through amusing engineering—a convenance Lazarus has affianced in on assorted occasions in the past. It additionally acicular out that the funds had been apple-pie with approved baby deposits in a accessible automatic process, agnate to how the $550 actor baseborn from Ronin was apple-pie afterward the attack. Moreover, those amenable for the advance operated on Asia-Pacific hours, Elliptic said.
Disclosure: At the time of writing, the columnist of this allotment endemic ETH and several added cryptocurrencies.
