.harmonyprotocol has suffered a massive hack
The Harmony team has contacted national authorities and blockchain forensic experts to investigate the theft.
Harmony , the native token of the blockchain, has plunged nearly 9% on the news, according to CoinMarketCap data. As reported by U.Today, the Ronin sidechain, which powers token-based online video game Axie Infinity, suffered a $650 million breach in late March, which is believed to be one of the biggest hacks ever in the world of decentralized finance. It later turned out that the theft was orchestrated by North Korean hackers.
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