1/ Development of our post-incident strategy is taking more time than originally anticipated, but please know our teams are working hard to finalize details and get these plans into the hands of the community ASAP. 2/ Potential strategies will be presented to the community once cleared with legal and our key ecosystem partners.

We feel it is crucial to ensure our partners are aware and in support of our path forward.

1/ Harmony has begun a global manhunt for the criminal(s) who stole $100M from the Horizon bridge. All exchanges have been notified. Law enforcement, @chainalysis, and @AnChainAI have active investigations to identify the responsible actors and recover the stolen assets. 2/ We are providing one FINAL opportunity for the actor(s) to return stolen assets with anonymity. Our FINAL term is below.

1/ We are aware the hacker has begun to move funds through Tornado Cash. The team is working with two highly reputable blockchain tracing and analysis partners, and collaborating with the FBI as part of an investigation into this criminal act. 🧵 2/ In parallel, we're reviewing various options for users and partners and will keep you updated as we continue to explore ways to secure the ecosystem. While we cannot go into specifics, our goal is to share information in a timely manner with as much transparency as possible.

1/ The Harmony team has identified a theft occurring this morning on the Horizon bridge amounting to approx. $100MM. We have begun working with national authorities and forensic specialists to identify the culprit and retrieve the stolen funds.

More 🧵 2/ 0x address of the culprit below:

etherscan.io/address/0x0d04…

1/ Harmony's Zero-Knowledge University aims to help developers foray into the world of ZK proofs and build market-ready ZK products.

Here are some amazing projects launched by graduating students of our last cohort👇
zku.one 2/ Aletheia is an anonymous & on-chain reputation-based login system for websites that helps websites be exclusive to certain users only.

Aletheia allows a website owner to set such a filter when designing the login system.

Aletheia 's GitHub page👇
github.com/Aletheia-ZK

1/ The growth of the @harmonyprotocol ecosystem continues.

With a $300M ecosystem fund, we offer grants to projects building products for the ecosystem.

Recently, we have approved grants for 8 more projects across use-cases and solutions.

More about these projects👇 2/ WheresMyMoney helps users one-click settle balances incurred from expenses shared between friends or DAOs.

The platform supports features such as automatic currency conversion, unbounded group sizes and transaction/debt flattening.

Website: wheresmymoney.one

#Payments

1/ The Harmony ONEWeekly newsletter, an easy-to-digest summary of all things at @harmonyprotocol.

Know more about what's happening in the ONE ecosystem, new projects and some behind-the-scenes action.

Here's what the first newsletter talks about👇
medium.com/harmony-one/th… 2/ [Quarter 1 Recap]

In January, #HarmonyONE and @FinanceOin updated their announcement regarding the release of an upcoming stablecoin on the Harmony One network, taking us one step closer to having a stablecoin backed by ONE.

Official Announcement👇
medium.com/oin-finance/on…

1/ In March 2022, @harmonyprotocol continued its approach of creating an ecosystem that builds products for billions of users in the future.💙

The month was filled with launches, partnerships, grants and events.

Here's what happened in March 2022👇
medium.com/harmony-one/ha… 2/ [Launches & Milestones]

The first cohort of the @harmonyprotocol Zero-Knowledge University came to an end with participants building diverse Web3 products using ZK technology.

Final Projects by ZKU Genesis Graduates👇
zku.one/final-project-…

1/ @Harmonyprotocol’s new trustless BTC bridge offers users an opportunity to put their BTC to work and participate in DeFi protocols without liquidating.

Here's a synopsis of a report by @MessariCrypto on Bridging BTC to #HarmonyONE's EVM👇
messari.io/article/bridgi… @MessariCrypto 2/ Since Bitcoin does not have smart contracts, it is challenging to create conditioned & complex transactions.

This makes programmatic custody of bitcoin & bridging it trustlessly to other chains quite difficult and most BTC used on other chains is via centralized custodians.

1/ONE Conference, Two Weeks, World’s Largest Web3 Community Gathering - #EthDenver was an out-of-the-world experience.

For the ONEs who missed out, give this @CoinDesk article a read 👇

coindesk.com/tech/2022/02/2… 2/Being ONE of #EthDenver sponsors, @harmonyprotocol hosted a bunch of events including Web3 talks, new launches, merchandise giveaways, ONE Big Night and more.

We also co-hosted the official ETHDenver (@EthereumDenver) After Party.

1/The @BoredApeYC craze continues to thrive on Harmony with the new Bored Ape Yacht Club Passport.

#BAYC owners on @harmonyprotocol can now use their NFTs as pfp on @DefiKingdoms.

To know more: themediaverse.com/harmony-announ… 2/The #BAYC Cross-Chain Passport allows NFT holders to prove their NFT ownership on multiple blockchains.

Ape owners can now easily validate and display their assets as pfp on #DeFiKingdoms, a P2E game built on @harmonyprotocol.

1/ Continuing to build a multi-chain future, @Harmonyprotocol is excited to announce the launch of the fully trustless Harmony Bitcoin Bridge 🤩🚀

It will be the first trustless and decentralized bitcoin bridge to the EVM chain. 2/ The bridge enables a 1:1 Bitcoin-backed asset (1BTC), fully overcollateralized, interoperable, & censorship-resistant.

Unlike other wrapped BTC options, the Bridge is trustless, fully decentralized, secured, open & permissionless.

Read More
medium.com/harmony-one/ha…

1/ @harmonyprotocol is building a multi-chain future that helps users transfer seamlessly between chains with instant transactions and extremely low fees💙

This feature by @WhiteboardCryp1 talks about how #HarmonyONE works.

👇Here are some excerpts
2/ What motivated the creation of @harmonyprotocol?

While the #Ethereum chain was growing, there were some limitations.

#HarmonyONE was built to create a fast, decentralized and secure solution for a billion users, focusing on Speed and Performance.

1/ #Rollups (Layer2) are blockchain technologies that help scale Layer1s (ex: Ethereum), that allow faster transactions at a cheaper cost in a trustless verifiable way.

In ZK-Rollups, validity is ensured by zero-knowledge proofs.

open.harmony.one/harmony-in-202… 2/ Zero-knowledge proof (ZK Proofs) technologies enable one party to prove to another party that they know something without the prover having to convey the information itself in order to prove their knowledge.

👇Here's why it is important, and what we are doing about it

1/ We are undergoing an outage due to multiple block propagation issues. Heavy spam traffic in the past 30 hours has halted the network.

Our core team is working with validators & internal leader nodes to resolve the outage.

Minimum gas upped to 30 gwei to prevent spam attacks 2/ Progress Update - 1 AM PST

Validators have been advised to downgrade their node binaries to a previous version as the bandwidth of validators with V4.3.2 were overburdened.

Our team is working on a special version of validator node binary to reduce bandwidth usage

1/ Harmony community, @harmonyprotocol is now officially migrating its governance requirements to Snapshot.org (@SnapshotLabs)

All #HarmonyONE DAOs rely on Snapshot to run important elections such as protocol proposals & electing DAO governors

medium.com/harmony-one/ha… 2/ @Harmonyprotocol is now fully supported on Snapshot, and the forked version hosted on the Harmony website will be discontinued.

This decision comes to ensure complete decentralization and to provide a reliable and secure product to the community.

1/ @harmonyprotocol approves 21 more proposals for its $300M Ecosystem Fund 💙

💱DeFi: @epnsproject @AnChainAI @perpprotocol @freyalacrypto

💳Payments: @Allbridge_io @MIM_Spell @klever_io @Trustee_Wallet

🎭NFT: @TheDeFimons @KangaFinance @StoreyTheApp @NiftyRow

And more ⬇️ 2/ @finance_unite is the first algorithmic #stablecoin on the @harmonyprotocol ecosystem. Users can #stake their UNITE tokens and earn daily rewards💰

Website: unitefinance.io

#DeFi #HarmonyONE #Blockchain

1/ We are excited to announce that @CelerNetwork has extended support to @harmonyprotocol.

ONE users can now use the multi-chain 'cBridge' to transfer $USDC and $WETH instantly and at a low-cost.

More ⬇️ 2/ Celer is also launching liquidity mining sessions with nearly 40000 $CELRs as daily rewards!

👀

https://twitter.com/CelerNetwork/status/1481152776767893504

1/ 2021 was a stellar year for @harmonyprotocol, & we worked relentlessly towards our mission to be a top blockchain for cross-chain finance

The year was filled with launches, partnerships & events! 🤩

👇 Here’s to recap what we did in December & in 2021
blog.harmony.one/harmony-2021-y… 2/ [December Thread]

Over 400 builders, creators & leaders from the @harmonyprotocol community got together for #DayONE in San Francisco to celebrate the growth of the ecosystem & the future of Web3.

👇 Watch the whole event

26/ PRIVACY RIGHTS

While crypto entrepreneurs should set clear guidelines on KYC/AML reporting while preserving privacy, peer-to-peer transaction reporting & disclosure requirements on self-custody assets are unconstitutional overreaches. Get a warrant, or we’ll see you in court

https://twitter.com/harmonyprotocol/status/1476286771608489985

27/ While it is built for decentralization, using crypto for nefarious purposes leaves an excellent paper trail for prosecutors to lock in a conviction. People who build products that aim to serve dark markets almost always get caught & go to jail.

open.harmony.one/stephens-inter…

1/ @MessariCrypto’s #theses2022, synthesizing the crypto chaos, encompasses the web3 economy & infrastructure that includes crypto, DeFi, NFTs & bridges!

👇 Here are some passages that show how @harmonyprotocol's vision and strategies align with the market potential & key trends 2/ WEB3 VISION

Web3 encompasses cryptocurrencies, smart contract computing, decentralized hardware infrastructure, NFTs, DeFi, Metaverse & DAOs.

The report envisions Web3 will show growth everywhere, particularly in NFT infrastructure, DAO tooling and inter-protocol bridges.