Harmony Attacker Starts Moving Stolen Funds Across Chains; Team Halts Bridge

Techub News reports, citing CoinDesk, that the Harmony attack has entered a new phase: the attacker has begun moving the stolen funds across blockchains. This follows an earlier vulnerability exploit that caused Harmony's token to fall by 40%. Harmony's team has paused the cross-chain bridge and asked exchanges to freeze four associated wallets. The project is cooperating with exchanges to trace the funds, but how much can be recovered has not been determined. The Harmony token continues to face selling pressure. The community is paying close attention to what compensation plan might be offered and what security upgrades will be made. Beyond these details, the project has not disclosed additional information. This report is a follow-up to Techub News's earlier coverage of the exploit and focuses on the latest movements of the attacker. The original report carried a CoinDesk attribution and framed the cross-chain transfer as the key new development. The funds are now the main focus of the tracking effort, according to the update.