Harmony Bridge
Summary
Harmony's Horizon Bridge is a cross-chain bridge connecting the Harmony (ONE) blockchain to Ethereum and Binance Smart Chain, launched in October 2020. In June 2022, it was exploited for approximately $100 million by the Lazarus Group, a North Korea-affiliated state-sponsored hacking collective, through compromise of a 2-of-5 multisig scheme controlling bridge funds. The FBI formally confirmed Lazarus Group attribution in January 2023; as of 2025, full victim restitution has not been achieved.
Connected Entities
1 entities- + 2 more
Timeline(13 events)
2020-10-01
Harmony Horizon Bridge launched, enabling cross-chain transfers between Harmony, Ethereum, and Binance Smart Chain
2022-06-23
Harmony Protocol team notified of a malicious attack on the Horizon Ethereum Bridge
2022-06-24
Approximately $99.6 million stolen from the Horizon Bridge across 11-14 transactions via compromised 2-of-5 multisig keys; attacker address 0x0d043128146654c7683fbf30ac98d7b2285ded00 identified
2022-06-24
Harmony offered a $1 million bounty for return of stolen funds; no response received
2022-06-27
Attackers begin 857-transaction series of Tornado Cash deposits totaling 85,700 ETH, continuing through July 2, 2022
2022-07-27
Harmony proposes two reimbursement options: minting 4.97 billion or 2.48 billion ONE tokens to compensate hack victims
2022-08-08
OFAC sanctions Tornado Cash, citing its use by the Lazarus Group to launder funds from Harmony and other hacks
2022-09-23
Harmony reverses token-minting reimbursement plan following community backlash; commits to treasury-funded recovery with 0% new minting
2022-10-01
Harmony relaunches cross-chain bridge using LayerZero validation layer, replacing the compromised multisig infrastructure
2023-01-13
North Korean-attributed actors resume laundering, depositing approximately $60 million in ETH into Railgun privacy protocol; 99.9% of Railgun deposits during this window traced to Harmony hack proceeds
2023-01-14
Binance and Huobi identify, block, and freeze approximately 124 BTC (~$2.5 million) deposited from the laundering addresses
2023-01-23
FBI formally confirms Lazarus Group (APT38) was responsible for the June 2022 Harmony Horizon Bridge theft; publishes 11 associated Bitcoin wallet addresses
2025-03-01
U.S. Treasury removes Tornado Cash from OFAC SDN list following Fifth Circuit Court of Appeals decision overturning sanctions
Decision Log
- hash: GBd8GQLVZxVSJAgkQ1nxAYRJByKa6q1k5yTE7pVomBsM
This investigation is cryptographically anchored to the Solana blockchain and source URLs are archived via the Internet Archive.
model: claude-sonnet-4-6
generated: 5/4/2026, 2:54:49 AM
last updated: 5/20/2026, 6:58:58 PM
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