$100 million worth of crypto has been stolen in another major hack

Key Facts

So-called blockchain bridges have become a prime target for hackers seeking to exploit vulnerabilities in the world of decentralized finance.
Blockchain bridges play a big role in the DeFi space, offering users a way of transferring their assets from one blockchain to another.
Like other facets of DeFi, which aims to rebuild traditional financial services like loans and investments on the blockchain, bridges have become a prime target for hackers due to vulnerabilities in their underlying code.
The security of the Horizon bridge hinged on a “multisig” wallet that required only two signatures to initiate transactions.