🚨 BREAKING: Harmony’s $ONE TOKEN JUST GOT HIT BY A MASSIVE $4 BILLION EXPLOIT.
The attacker allegedly minted around 4B ONE roughly 26% of the entire supply.
One has already crashed nearly 30%.
And this could get MUCH worse.
Reports say the attacker has moved 2.8B ONE to exchanges.
Only around 115M ONE reportedly remains onchain.
That means a huge portion of the exploited tokens has either been sold already or is sitting in exchange wallets potentially ready for another wave of selling.
Harmony says it has confirmed the exploit and is working with exchanges to freeze the funds.
A patch is also being prepared, with a possible chain rollback reportedly on the table.
The big question now:
Can Harmony contain the damage before billions of newly minted $ONE hit the market?
This is no longer just a token crash.
It’s a major test of the network’s security, liquidity and ability to respond under attack.
Watch $ONE closely.
#Crypto #Bitcoin #Altcoins #Blockchain #DeFi
The attacker allegedly minted around 4B ONE roughly 26% of the entire supply.
One has already crashed nearly 30%.
And this could get MUCH worse.
Reports say the attacker has moved 2.8B ONE to exchanges.
Only around 115M ONE reportedly remains onchain.
That means a huge portion of the exploited tokens has either been sold already or is sitting in exchange wallets potentially ready for another wave of selling.
Harmony says it has confirmed the exploit and is working with exchanges to freeze the funds.
A patch is also being prepared, with a possible chain rollback reportedly on the table.
The big question now:
Can Harmony contain the damage before billions of newly minted $ONE hit the market?
This is no longer just a token crash.
It’s a major test of the network’s security, liquidity and ability to respond under attack.
Watch $ONE closely.
#Crypto #Bitcoin #Altcoins #Blockchain #DeFi