{"id":74195,"date":"2023-02-16T14:34:06","date_gmt":"2023-02-16T12:34:06","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=74195"},"modified":"2025-09-09T18:40:06","modified_gmt":"2025-09-09T15:40:06","slug":"binance-and-huobi-freeze-assets-stolen-in-horizon-bridge-hack","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/binance-and-huobi-freeze-assets-stolen-in-horizon-bridge-hack\/","title":{"rendered":"Binance and Huobi Freeze Assets Stolen in Horizon Bridge Hack"},"content":{"rendered":"

On February 14, cryptocurrency exchanges Binance and Huobi froze wallets holding about $1.4 million stolen in the Horizon cross-chain bridge attack on the Harmony protocol. Elliptic said.<\/p>\n

Researchers said that until recently the funds had remained dormant. However, the hackers, through complex chains of transactions, began moving the assets to centralized exchanges.<\/p>\n

\"Binance
Movement of assets stolen from the Horizon bridge. Data: Elliptic.<\/figcaption><\/figure>\n

Elliptic notified trading platforms about the illicit deposits, and they, in turn, suspended the hackers’ accounts and froze the funds in real time.<\/p>\n

As a reminder, the loss from the June 2022 Horizon cross-chain bridge hack amounted to $100 million<\/a>. Subsequently, the funds were laundered through Tornado Cash mixer<\/a>, which was under US sanctions<\/a>.<\/p>\n

Elliptic linked the attack to the North Korean hacker group Lazarus Group. These findings were later confirmed by the FBI<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Cryptocurrency exchanges Binance and Huobi froze wallets containing about $1.4 million in assets stolen in the Horizon cross-chain bridge attack on the Harmony protocol.<\/p>\n","protected":false},"author":1,"featured_media":74196,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1412,744,1154,1535,230,1125],"class_list":["post-74195","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bans-and-restrictions","tag-binance","tag-crimes","tag-elliptic","tag-huobi","tag-lazarus"],"aioseo_notices":[],"amp_enabled":true,"views":"20","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/74195","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=74195"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/74195\/revisions"}],"predecessor-version":[{"id":74197,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/74195\/revisions\/74197"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/74196"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=74195"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=74195"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=74195"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}