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Harmony Weighs Rollback After Claims of 4B ONE Exploit

Summary by Cointelegraph
Harmony is weighing a blockchain rollback and working with exchanges to freeze funds after claims an attacker exploited the network to mint nearly 4 billion ONE tokens.

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Harmony confirmed on August 12 a flaw that created 4 billion ONEs without authorization. At present, this represents about $3.2 million. The token has lost 34% in 24 hours. The amount is not huge at the scale of the crypto hacks. The problem is more serious: someone would have managed to increase ONE's offer directly. The Crypto article: After the hacking of 2022, Harmony victim of a new major flaw appeared first on Cointribune.

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Coin Desk broke the news in New York, United States on Wednesday, August 12, 2026.
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