Following the hack of Harmony's Horizon Bridge, there were significant impacts on various bridged assets including 1WBTC, which experienced depegging from its intended value. In response to the hack, the Harmony community considered different measures to address the issues faced by token holders, focusing on recovery plans and possible reimbursement methods for affected assets.

For users and investors tracking the status of 1WBTC, it's important to note that this page refers to the depegged version of the token. For current information and updates on the actively supported WBTC bridged by Harmony post-incident, please refer to the designated new page with the alternative ticker: HWBTC.

For further details on the ongoing management and recovery of depegged assets from the Harmony Horizon Bridge hack, please refer to the following resources:

1. Reimbursement Proposal - Horizon Incident: Discusses community compensation strategies for those affected by the depegging of assets including 1WBTC.
2. Recovery One - Community Governance for Depegged Tokens: Details the governance model for the recovery of depegged tokens.
3. Recovery ONE: Burn Phase V2: Outlines strategies for burning depegged tokens to manage token supply.
4. Recovery One Foundation on Medium: Provides updates from the Recovery One Foundation on managing the aftermath of the Harmony incident.
5. Recovery Exchange: A platform for trading and managing recovery operations for depegged tokens.
6. Historical Reports on Governance Contracts: Offers detailed reports on the governance of depegged tokens across various recovery phases.