BREAKING NEWS: an attacker just printed 4 billion $ONE
out of thin air. Harmony's token is down nearly 40%.
the unauthorized mint added roughly 26% to the entire supply, and 2.8B one was rushed to exchanges before anyone could react, per onchain analyst Juiceberg.
around 97% of the minted tokens are already sold or sitting in exchange deposit wallets. Only about 115M ONE is left onchain.
harmony has confirmed the exploit, pushed a patch to validators to stop further minting, and is weighing a full chain rollback while working with exchanges to freeze funds.
out of thin air. Harmony's token is down nearly 40%.
the unauthorized mint added roughly 26% to the entire supply, and 2.8B one was rushed to exchanges before anyone could react, per onchain analyst Juiceberg.
around 97% of the minted tokens are already sold or sitting in exchange deposit wallets. Only about 115M ONE is left onchain.
harmony has confirmed the exploit, pushed a patch to validators to stop further minting, and is weighing a full chain rollback while working with exchanges to freeze funds.