Hackers steal $100 million from California cryptocurrency firm – Boston News, Weather, Sports

(CNN) – Hackers stole the equivalent of $100 million from a California-based cryptocurrency company in the digital currency industry’s latest big-money hack.

Unidentified thieves hit a “bridge” – a program that enables the transfer of cryptocurrency – the victim company, Harmony, announcement on Twitter Thursday night.

“Harmony is working around the clock as we continue our investigation alongside the FBI and several cybersecurity companies,” said the company, which specializes in blockchain technology that underpins cryptocurrency transactions.

Harmony joins a long list of cryptocurrency businesses that have been looted by hackers for millions of dollars at a time. This year alone, hackers have stolen over $1 billion from cryptocurrency bridges, according to Ellipticala company that tracks transactions on the blockchain.

Cryptocurrency bridges are prime targets for hackers, Elliptic said, because they store large amounts of cash.

It is unknown who looted Harmony’s digital vaults.

The FBI in April blamed backed by the North Korean government hackers for an approximately $600 million hack of a popular video game company.

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