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harmony

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Harmony to shut down its Layer 1 blockchain and migrate ONE to Ethereum #Harmony will shut down its mainnet and reissue $ONE as an ERC-20 token on #Ethereum , using a balance snapshot for the airdrop and advising users to withdraw from multisigs, liquidity pools, and onchain apps before validators begin shutting down on September 10. Harmony framed the migration as a security-focused upgrade following an August exploit that minted roughly 4B $ONE, or 26% of supply, and the $99.6M Horizon Bridge hack in 2022. Former validator emissions will be redirected to an #AI video remix project, where creators share prompts and assets for fans to fork, with #AIagents generating new clips from each branch. 👉 theblock.co/news/web3/2026-09-06-harmony-sunset-network-413635
Harmony to shut down its Layer 1 blockchain and migrate ONE to Ethereum

#Harmony will shut down its mainnet and reissue $ONE as an ERC-20 token on #Ethereum , using a balance snapshot for the airdrop and advising users to withdraw from multisigs, liquidity pools, and onchain apps before validators begin shutting down on September 10. Harmony framed the migration as a security-focused upgrade following an August exploit that minted roughly 4B $ONE , or 26% of supply, and the $99.6M Horizon Bridge hack in 2022.

Former validator emissions will be redirected to an #AI video remix project, where creators share prompts and assets for fans to fork, with #AIagents generating new clips from each branch.

👉 theblock.co/news/web3/2026-09-06-harmony-sunset-network-413635
Verified
Harmony Proposes Shuttering Its Blockchain for an AI Pivot! 🚨 In a surprising turn of events, the team behind the Harmony L1 blockchain has proposed shutting down the network entirely, citing emerging AI threats. They plan to migrate the $ONE token to Ethereum and pivot toward the AI-video sector. 🔹 **September 10 Deadline:** Users are urgently advised to withdraw their assets and exit smart contracts before September 10 to avoid potential losses. 🔹 **AI Security Threats:** The team claims that rapid advancements in artificial intelligence pose unprecedented security threats to their current blockchain architecture. 🔹 **Ethereum Migration:** If approved, $ONE will transition into an ERC-20 token on the Ethereum ($ETH) network. This marks one of the most drastic pivots in Layer-1 history. What do you think about Harmony's shift from blockchain to AI? $ONE $ETH #Harmony #AI #Blockchain #Write2Earn
Harmony Proposes Shuttering Its Blockchain for an AI Pivot! 🚨

In a surprising turn of events, the team behind the Harmony L1 blockchain has proposed shutting down the network entirely, citing emerging AI threats. They plan to migrate the $ONE token to Ethereum and pivot toward the AI-video sector.

🔹 **September 10 Deadline:** Users are urgently advised to withdraw their assets and exit smart contracts before September 10 to avoid potential losses.
🔹 **AI Security Threats:** The team claims that rapid advancements in artificial intelligence pose unprecedented security threats to their current blockchain architecture.
🔹 **Ethereum Migration:** If approved, $ONE will transition into an ERC-20 token on the Ethereum ($ETH ) network.

This marks one of the most drastic pivots in Layer-1 history. What do you think about Harmony's shift from blockchain to AI?

$ONE $ETH #Harmony #AI #Blockchain #Write2Earn
Harmony officially proposes closing the mainnet. Validators may be able to pause nodes as early as September 10, 2026. This is not a routine upgrade, but may be a signal that this blockchain’s lifecycle is nearing its end. Holders of $ONE and ecosystem users should pay close attention: after node shutdown, transfers, staking, contract interactions, and cross-chain assets may all be affected. You should still wait for official confirmation of the final plan, including guidance on snapshots, redemptions, migrations, and risk isolation. You should not act based on rumors alone. We recommend that you check your wallet assets, on-chain approvals, and cross-chain positions in advance. Don’t simply interpret the announcement as “immediate zeroing out,” and don’t ignore tail-end risks. Before infrastructure goes offline, verifying information is far more important than blindly chasing rebounds. #Harmony #主网关停 #crypto risk
Harmony officially proposes closing the mainnet. Validators may be able to pause nodes as early as September 10, 2026. This is not a routine upgrade, but may be a signal that this blockchain’s lifecycle is nearing its end.

Holders of $ONE and ecosystem users should pay close attention: after node shutdown, transfers, staking, contract interactions, and cross-chain assets may all be affected. You should still wait for official confirmation of the final plan, including guidance on snapshots, redemptions, migrations, and risk isolation. You should not act based on rumors alone.

We recommend that you check your wallet assets, on-chain approvals, and cross-chain positions in advance. Don’t simply interpret the announcement as “immediate zeroing out,” and don’t ignore tail-end risks. Before infrastructure goes offline, verifying information is far more important than blindly chasing rebounds.

#Harmony #主网关停 #crypto risk
Long-established chain Harmony is now at a critical juncture: the official proposes shutting down the mainnet, and validators may pause their nodes starting September 10. This is not a routine upgrade, but a major decision involving the network’s survival, asset security, and community consensus. For holders, the most important thing right now is to closely monitor official governance progress: don’t misinterpret the proposal as an immediate shutdown, and at the same time don’t ignore on-chain asset, cross-chain bridge, and application migration risks. $ONE market sentiment may inevitably come under pressure, but the final outcome still depends on subsequent votes by validators and the community. If the mainnet truly enters an exit process, how to migrate assets in an orderly manner, ensure users can withdraw, and handle the wind-down of ecosystem applications will be more important than slogans. After the public-chain narrative fades, going offline securely and responsibly is a question the project team must face. #Harmony #公链 #Web3
Long-established chain Harmony is now at a critical juncture: the official proposes shutting down the mainnet, and validators may pause their nodes starting September 10. This is not a routine upgrade, but a major decision involving the network’s survival, asset security, and community consensus.

For holders, the most important thing right now is to closely monitor official governance progress: don’t misinterpret the proposal as an immediate shutdown, and at the same time don’t ignore on-chain asset, cross-chain bridge, and application migration risks. $ONE market sentiment may inevitably come under pressure, but the final outcome still depends on subsequent votes by validators and the community.

If the mainnet truly enters an exit process, how to migrate assets in an orderly manner, ensure users can withdraw, and handle the wind-down of ecosystem applications will be more important than slogans. After the public-chain narrative fades, going offline securely and responsibly is a question the project team must face.

#Harmony #公链 #Web3
A blockchain calendar worth watching: Harmony proposes to shut down the mainnet. Validators could suspend nodes as early as September 10, 2026. This is not a routine upgrade—it may signal that network security, transfers, and staking for $ONE are entering the final phase. Token holders should pay attention to official voting, asset bridging, and withdrawal arrangements. Don’t misread “proposal” as an immediate shutdown, and don’t wait until the last deadline to take action. After the tide of L1 blockchain narratives recedes, the ongoing operational risk for smaller and mid-sized L1s is being repriced. #Harmony #Public chain
A blockchain calendar worth watching: Harmony proposes to shut down the mainnet. Validators could suspend nodes as early as September 10, 2026. This is not a routine upgrade—it may signal that network security, transfers, and staking for $ONE are entering the final phase. Token holders should pay attention to official voting, asset bridging, and withdrawal arrangements. Don’t misread “proposal” as an immediate shutdown, and don’t wait until the last deadline to take action. After the tide of L1 blockchain narratives recedes, the ongoing operational risk for smaller and mid-sized L1s is being repriced. #Harmony #Public chain
Verified
Harmony has just released an uncommon mainnet update: starting September 10, validators can begin pausing nodes, and the community has officially entered the discussion phase of shutting down the mainnet. This means that the operation of Harmony’s PoS network will gradually converge, and block production and validation activities will move into a finalization window. For ordinary users, there are a few key time points to watch next: announcements regarding on-chain asset migration/exchange, changes in the status of cross-chain bridges, and when contract-based applications (DApps, lending, DEX) will stop writing to the chain. Historically, similar shutdown actions usually bring a period of noticeable sell pressure on token prices, but they can also give users who genuinely care about asset ownership an earlier opportunity to act. If you still have HARMONY or contracts that depend on it, it’s best not to wait until the last moment. First, review your on-chain balances, staking positions, and related DeFi holdings—it's more important than watching the candlestick chart. #Harmony #mainnet shutdown
Harmony has just released an uncommon mainnet update: starting September 10, validators can begin pausing nodes, and the community has officially entered the discussion phase of shutting down the mainnet.

This means that the operation of Harmony’s PoS network will gradually converge, and block production and validation activities will move into a finalization window. For ordinary users, there are a few key time points to watch next: announcements regarding on-chain asset migration/exchange, changes in the status of cross-chain bridges, and when contract-based applications (DApps, lending, DEX) will stop writing to the chain. Historically, similar shutdown actions usually bring a period of noticeable sell pressure on token prices, but they can also give users who genuinely care about asset ownership an earlier opportunity to act.

If you still have HARMONY or contracts that depend on it, it’s best not to wait until the last moment. First, review your on-chain balances, staking positions, and related DeFi holdings—it's more important than watching the candlestick chart.

#Harmony #mainnet shutdown
On-Chain Schedule: The Harmony community is currently discussing a proposal to shut down the mainnet. If the plan proceeds as scheduled, validators will be able to pause their nodes starting from September 10, 2026. This is not ordinary maintenance—it is a critical signal affecting the network’s continued operation. Token holders should continue to monitor official voting results and subsequent announcements, and evaluate in advance changes to cross-chain asset transfers, DApp availability, and liquidity. Node operators, meanwhile, should properly handle signatures, keys, and server arrangements. Before the proposal is fully implemented, do not act solely based on screenshots from the community. Rely only on official channels and on-chain data.#Harmony #公链 #On-Chain Calendar
On-Chain Schedule: The Harmony community is currently discussing a proposal to shut down the mainnet. If the plan proceeds as scheduled, validators will be able to pause their nodes starting from September 10, 2026.

This is not ordinary maintenance—it is a critical signal affecting the network’s continued operation. Token holders should continue to monitor official voting results and subsequent announcements, and evaluate in advance changes to cross-chain asset transfers, DApp availability, and liquidity. Node operators, meanwhile, should properly handle signatures, keys, and server arrangements.

Before the proposal is fully implemented, do not act solely based on screenshots from the community. Rely only on official channels and on-chain data.#Harmony #公链 #On-Chain Calendar
Another long-established blockchain is at a crossroads. Harmony proposes closing the mainnet, with validation nodes earliest to be suspended starting September 10, 2026. This isn’t a routine upgrade: if it goes through, on-chain transfers, staking, cross-chain bridges, and dApps on the chain with $ONE may all be affected. Holders should closely monitor official announcements to confirm asset migration, snapshots, and redemption arrangements; validators should also assess downtime in advance and promptly notify their delegated users. Don’t wait until the last deadline. Make sure you leave enough time to verify asset operations; anyone who proactively DMs you to “migrate” or “claim” your funds is basically a scam. When the blockchain narrative tide is going out, security and liquidity matter more than a high APR. #Harmony #Blockchain risk
Another long-established blockchain is at a crossroads. Harmony proposes closing the mainnet, with validation nodes earliest to be suspended starting September 10, 2026.

This isn’t a routine upgrade: if it goes through, on-chain transfers, staking, cross-chain bridges, and dApps on the chain with $ONE may all be affected. Holders should closely monitor official announcements to confirm asset migration, snapshots, and redemption arrangements; validators should also assess downtime in advance and promptly notify their delegated users.

Don’t wait until the last deadline. Make sure you leave enough time to verify asset operations; anyone who proactively DMs you to “migrate” or “claim” your funds is basically a scam. When the blockchain narrative tide is going out, security and liquidity matter more than a high APR.

#Harmony #Blockchain risk
Harmony Announces Exchange Reconciliation Progress Following the August 11 Incident: We have verified on-chain deposits/withdrawals and cross-platform fund flows with Binance, Gate, KuCoin, MEXC, OKX, and Binance.US; the exchanges have also frozen a large amount of the $ONE balance and hacker-related proceeds. At present, the priority is to coordinate the fastest possible restoration of deposits, withdrawals, and trading. The specific timing will be announced separately by each exchange. Users holding tokens should first watch for notifications from their respective platforms before taking action. The team matched 295 transfers, totaling approximately 3.493 billion ONE tokens, across venues, and after adjusting the looping transfers and their return flows, the temporary shortfall related to the exchanges was reduced from about 10.234 billion ONE tokens to about 6.581 billion ONE tokens, decreasing by approximately 3.653 billion ONE. The change in reconciliation figures does not mean newly recovered funds; Binance data remains an estimated provisional upper bound, and some Gate/OKX figures are pending final verification. Reconciliation will proceed in parallel with the ONE migration and the validator transition proposal; operations will stop either upon the proposal’s validator verification or starting from 22:00 on September 10 (Beijing time). The reduction in the gap is an update to the reconciliation methodology, not an equivalent amount of tokens that the hacker has already disgorged. Restoring deposit/withdrawal trading still depends on each exchange’s announcements, not on the assumption that the whole network is already “open.” As the migration window approaches, token holdings and cross-chain operations should follow official updates and each platform’s timetable. Cross-venue liquidity and the pace of frozen-asset handling in the $BNB ecosystem may also affect market sentiment, but don’t directly interpret “better-looking reconciliation numbers” as prices guaranteed to rise. #Harmony #币安 #CryptoSecurity Not investment advice
Harmony Announces Exchange Reconciliation Progress Following the August 11 Incident: We have verified on-chain deposits/withdrawals and cross-platform fund flows with Binance, Gate, KuCoin, MEXC, OKX, and Binance.US; the exchanges have also frozen a large amount of the $ONE balance and hacker-related proceeds. At present, the priority is to coordinate the fastest possible restoration of deposits, withdrawals, and trading. The specific timing will be announced separately by each exchange. Users holding tokens should first watch for notifications from their respective platforms before taking action.

The team matched 295 transfers, totaling approximately 3.493 billion ONE tokens, across venues, and after adjusting the looping transfers and their return flows, the temporary shortfall related to the exchanges was reduced from about 10.234 billion ONE tokens to about 6.581 billion ONE tokens, decreasing by approximately 3.653 billion ONE. The change in reconciliation figures does not mean newly recovered funds; Binance data remains an estimated provisional upper bound, and some Gate/OKX figures are pending final verification. Reconciliation will proceed in parallel with the ONE migration and the validator transition proposal; operations will stop either upon the proposal’s validator verification or starting from 22:00 on September 10 (Beijing time).

The reduction in the gap is an update to the reconciliation methodology, not an equivalent amount of tokens that the hacker has already disgorged. Restoring deposit/withdrawal trading still depends on each exchange’s announcements, not on the assumption that the whole network is already “open.” As the migration window approaches, token holdings and cross-chain operations should follow official updates and each platform’s timetable. Cross-venue liquidity and the pace of frozen-asset handling in the $BNB ecosystem may also affect market sentiment, but don’t directly interpret “better-looking reconciliation numbers” as prices guaranteed to rise.

#Harmony #币安 #CryptoSecurity
Not investment advice
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Bullish
Verified
Harmony is proposing to shut down its mainnet and move $ONE to Ethereum. The reason is unusual but serious: the project says growing threats from state actors and AI agents have become too significant to continue operating the network. Under the proposal, validators would stop operating from Sept 10. Around $1.4M has been set aside to compensate validators for the remaining emission rewards. For $ONE holders, the plan is to snapshot balances at the final block and airdrop equivalent $ONE tokens to the same wallet addresses on Ethereum. The project says total supply and emission rate would remain unchanged. What stands out to me is the transparency plan: Harmony says the token contract, snapshot calculations and airdrop scripts will be published for public audit. Would moving $ONE to Ethereum make the ecosystem safer and more sustainable? #Harmony #one #Ethereum
Harmony is proposing to shut down its mainnet and move $ONE to Ethereum.

The reason is unusual but serious: the project says growing threats from state actors and AI agents have become too significant to continue operating the network.

Under the proposal, validators would stop operating from Sept 10. Around $1.4M has been set aside to compensate validators for the remaining emission rewards.

For $ONE holders, the plan is to snapshot balances at the final block and airdrop equivalent $ONE tokens to the same wallet addresses on Ethereum. The project says total supply and emission rate would remain unchanged.

What stands out to me is the transparency plan: Harmony says the token contract, snapshot calculations and airdrop scripts will be published for public audit.

Would moving $ONE to Ethereum make the ecosystem safer and more sustainable?

#Harmony #one #Ethereum
Stewart42:
ONE COIN
🔥 Harmony Could Be Heading for a Major Shake-Up! Harmony has proposed shutting down its mainnet, migrating ONE to Ethereum, and pivoting toward an AI video business. 🤖 ⚠️ The proposals are non-binding, with regulatory pressure cited as a key reason. 👀 ONE holders should watch the governance vote and migration details closely. #Harmony #ONE #Ethereum #Crypto
🔥 Harmony Could Be Heading for a Major Shake-Up!

Harmony has proposed shutting down its mainnet, migrating ONE to Ethereum, and pivoting toward an AI video business. 🤖

⚠️ The proposals are non-binding, with regulatory pressure cited as a key reason.

👀 ONE holders should watch the governance vote and migration details closely.

#Harmony #ONE #Ethereum #Crypto
💥 HARMONY PLANS TO SHUT DOWN ITS LAYER 1 AND MOVE ONE TO ETHEREUM Harmony has proposed fully shutting down its Layer 1 blockchain and migrating its native ONE token to Ethereum, marking a major shift after launching its mainnet in 2019. The team cited growing security threats from nation-state attackers and AI agents. Under the proposal, a final-block snapshot would cover user wallets, staking, validator rewards and exchange balances, with new ONE tokens airdropped to the same addresses on Ethereum. Harmony also plans to pivot toward an AI video “remix economy,” where creators publish prompts and assets that users can remix with the help of AI agents. The proposals are not yet binding. Validators can begin shutting down nodes on September 10. Would you still hold ONE through such a major transition? #Harmony #one #ETH #AI #ThuyBNB $ONE $ETH $BNB
💥 HARMONY PLANS TO SHUT DOWN ITS LAYER 1 AND MOVE ONE TO ETHEREUM

Harmony has proposed fully shutting down its Layer 1 blockchain and migrating its native ONE token to Ethereum, marking a major shift after launching its mainnet in 2019.

The team cited growing security threats from nation-state attackers and AI agents. Under the proposal, a final-block snapshot would cover user wallets, staking, validator rewards and exchange balances, with new ONE tokens airdropped to the same addresses on Ethereum.

Harmony also plans to pivot toward an AI video “remix economy,” where creators publish prompts and assets that users can remix with the help of AI agents.

The proposals are not yet binding. Validators can begin shutting down nodes on September 10.

Would you still hold ONE through such a major transition?

#Harmony #one #ETH #AI
#ThuyBNB
$ONE $ETH $BNB
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Verified
Harmony Proposes Shutting Down L1: A Seven-Year Public Chain Moving to EthereumA seven-year public chain—proposal to shut it down. On Sunday, Harmony released a non-binding proposal: take a final snapshot, migrate $ONE to an ERC-20 on Ethereum, and have exchanges migrate listings accordingly. Airdrop everything—wallets, staking, validator rewards, contract balances, and CEX holdings—to the same addresses, with no need for manual claim. But there are hard flaws: multi-sig treasury, LPs, and on-chain applications can’t be migrated. The official team urged users to exit their smart contracts before September 10; validators can also stop nodes from that day onward, shut everything down on schedule, and leave behind a compensation pool of about $1.372 million for the governor. The background isn’t spotless: less than four weeks ago someone forged and minted nearly 4 billion $ONE (about 26% of supply). The project briefly considered rolling back to erase 100,000+ transactions. Sliding from “fix the chain” to “no longer fix it, migrate to $ETH”—that’s the real pain point.

Harmony Proposes Shutting Down L1: A Seven-Year Public Chain Moving to Ethereum

A seven-year public chain—proposal to shut it down.
On Sunday, Harmony released a non-binding proposal: take a final snapshot, migrate $ONE to an ERC-20 on Ethereum, and have exchanges migrate listings accordingly. Airdrop everything—wallets, staking, validator rewards, contract balances, and CEX holdings—to the same addresses, with no need for manual claim.
But there are hard flaws: multi-sig treasury, LPs, and on-chain applications can’t be migrated. The official team urged users to exit their smart contracts before September 10; validators can also stop nodes from that day onward, shut everything down on schedule, and leave behind a compensation pool of about $1.372 million for the governor.
The background isn’t spotless: less than four weeks ago someone forged and minted nearly 4 billion $ONE (about 26% of supply). The project briefly considered rolling back to erase 100,000+ transactions. Sliding from “fix the chain” to “no longer fix it, migrate to $ETH ”—that’s the real pain point.
A Layer-1 that once stood at the peak of the last cycle suddenly announced it was shutting down the network to ride the $AI wave: Harmony ($ONE). Guys, do you think this is an escape route—or a massive sell-off liquidation move by big sharks? The proposal to kill the Harmony blockchain in order to convert the token $ONE s into $ETH l for an AI video isn’t just a tech story. From a cash-flow perspective, smart money has already fled long ago after a string of serious security incidents: the $100 million bridge hack and the counterfeit minting attack of 4 billion tokens of $ONE. The ultimatum to drain assets from smart contracts before 10/9 signals an extremely fast liquidity pull-out. Any assets trapped after the snapshot will be lost completely. In the short term, $ONE has been withdrawn in large volumes to personal wallets to cut losses, creating immense sell pressure on the price. For me, when the core foundation is abandoned, risk always outweighs opportunity. Guys, prioritize handling your assets before the deadline rather than rushing to catch a falling knife. Have you fully escaped $ONE , or are you still just watching? Click $ONE below and check the candles! 👇 #Harmony #ONE #Altcoin #Ethereum
A Layer-1 that once stood at the peak of the last cycle suddenly announced it was shutting down the network to ride the $AI wave: Harmony ($ONE ). Guys, do you think this is an escape route—or a massive sell-off liquidation move by big sharks?

The proposal to kill the Harmony blockchain in order to convert the token $ONE s into $ETH l for an AI video isn’t just a tech story. From a cash-flow perspective, smart money has already fled long ago after a string of serious security incidents: the $100 million bridge hack and the counterfeit minting attack of 4 billion tokens of $ONE .

The ultimatum to drain assets from smart contracts before 10/9 signals an extremely fast liquidity pull-out. Any assets trapped after the snapshot will be lost completely. In the short term, $ONE has been withdrawn in large volumes to personal wallets to cut losses, creating immense sell pressure on the price.

For me, when the core foundation is abandoned, risk always outweighs opportunity. Guys, prioritize handling your assets before the deadline rather than rushing to catch a falling knife.

Have you fully escaped $ONE , or are you still just watching? Click $ONE below and check the candles! 👇

#Harmony #ONE #Altcoin #Ethereum
🚨 Shocking news shaking the crypto community: #Harmony proposes shutting down its entire network! The Harmony project is studying the possibility of stopping its main network after years of operation, and migrating the $ONE coin to the Ethereum network. The reason: escalating security risks and advanced attacks that threaten the project’s current infrastructure. If the plan is approved, ONE holders will receive a new version of the coin in ERC-20 format via Ethereum. But the twist: liquidity inside some applications and multi-signature wallets may not transfer automatically. The project isn’t just changing the network… it’s also moving into AI-supported video work. This isn’t just an upgrade; it’s a fateful moment for the ONE$ONE community. ⚠️ The proposal is still not binding, and any impact on price or final execution remains uncertain.
🚨 Shocking news shaking the crypto community: #Harmony proposes shutting down its entire network!
The Harmony project is studying the possibility of stopping its main network after years of operation, and migrating the $ONE coin to the Ethereum network.
The reason: escalating security risks and advanced attacks that threaten the project’s current infrastructure.
If the plan is approved, ONE holders will receive a new version of the coin in ERC-20 format via Ethereum.
But the twist: liquidity inside some applications and multi-signature wallets may not transfer automatically.
The project isn’t just changing the network… it’s also moving into AI-supported video work.
This isn’t just an upgrade; it’s a fateful moment for the ONE$ONE community.
⚠️ The proposal is still not binding, and any impact on price or final execution remains uncertain.
📰 Harmony This time it’s not an upgrade of the mainnet—it’s preparing to shut down the mainnet that has been running for nearly seven years directly, migrating the native token ONE to Ethereum, while pivoting to an AI video “mashup economy.” To be honest, this decision isn’t sudden. In 2022, the Horizon cross-chain bridge was attacked, with losses of about $100 million; this year in August, the attackers exploited a cross-shard receipt verification vulnerability, using six transactions to forge 3.01 trillion ONE tokens. After the team rolled back two shards, more than 100,000 normal transactions were wiped out as well. 🔥 For Harmony, continuing to maintain an independent chain means the security and operational costs are only getting heavier. After moving to Ethereum, the total supply of ONE and the release schedule will remain unchanged for now. In principle, holders don’t need to proactively claim. However, some multisig treasuries, liquidity pools, and on-chain applications can’t be migrated. 💡 The idea for the new business is: creators upload content, users do secondary creations, then AI Agents extend the content. Operators would be responsible for generating, distributing, and moderating. ONE will take on incentive, staking, and governance functions, and operators will also need to stake ONE to obtain GPU subsidies and service reward incentives. But the question is very direct: why would users necessarily use ONE? Subscriptions, ads, and GPU services can all be paid for in fiat or stablecoins. If ONE is simply a rewards tool wrapped around an AI product, business growth doesn’t necessarily translate into token demand. 🤔 Both proposals so far are non-binding. Harmony is moving from being a public-chain validator to an AI video operator—this time it’s survival by cutting off an arm. Do you think it can find users again? #Harmony #ONE #AI视频 #Ethereum
📰 Harmony This time it’s not an upgrade of the mainnet—it’s preparing to shut down the mainnet that has been running for nearly seven years directly, migrating the native token ONE to Ethereum, while pivoting to an AI video “mashup economy.”
To be honest, this decision isn’t sudden. In 2022, the Horizon cross-chain bridge was attacked, with losses of about $100 million; this year in August, the attackers exploited a cross-shard receipt verification vulnerability, using six transactions to forge 3.01 trillion ONE tokens. After the team rolled back two shards, more than 100,000 normal transactions were wiped out as well.
🔥 For Harmony, continuing to maintain an independent chain means the security and operational costs are only getting heavier. After moving to Ethereum, the total supply of ONE and the release schedule will remain unchanged for now. In principle, holders don’t need to proactively claim. However, some multisig treasuries, liquidity pools, and on-chain applications can’t be migrated.
💡 The idea for the new business is: creators upload content, users do secondary creations, then AI Agents extend the content. Operators would be responsible for generating, distributing, and moderating. ONE will take on incentive, staking, and governance functions, and operators will also need to stake ONE to obtain GPU subsidies and service reward incentives.

But the question is very direct: why would users necessarily use ONE? Subscriptions, ads, and GPU services can all be paid for in fiat or stablecoins. If ONE is simply a rewards tool wrapped around an AI product, business growth doesn’t necessarily translate into token demand.
🤔 Both proposals so far are non-binding. Harmony is moving from being a public-chain validator to an AI video operator—this time it’s survival by cutting off an arm. Do you think it can find users again?
#Harmony #ONE #AI视频 #Ethereum
Verified
Don’t read “chain closure” as “token zeroing out”: Harmony proposes shutting down its own Layer-1 and moving $ONE to Ethereum. According to reports from Cointelegraph, Lookonchain, and others, on Sunday Harmony proposed a non-binding plan: take the final network snapshot on-chain, issue an ERC-20 version of $ONE on Ethereum, and airdrop it to the same addresses (no action required to claim); exchanges will list and support the migration in tandem. Validators may opt to shut down their nodes, continue acting as governance participants, or join its new business of AI video secondary creation. Governance still requires participation with about 51% staked voting weight and about 66.7% approval—this proposal does not equal a completed shutdown, nor does it mean the migration has already been finished. The boundaries are even more critical: multisig insurance vaults, liquidity pools, and on-chain applications cannot be migrated. Official guidance urges users to exit all smart contracts by September 10, otherwise assets could get stuck. Validators may shut down nodes starting from that day, perform the shutdown on time while keeping their stake, and those who agree to become governance representatives will receive a compensation pool of about $1.372 million, distributed across four quarters. The backdrop includes a forged-token vulnerability about four weeks ago, and a plan to roll back more than 109,000 transactions—an unmistakable signal of shifting from “patching the chain” to “shutting down the chain.” Market reference (CoinGecko): $BTC is about $79,400; $BNB is about $744. First watch the snapshot time and exchange migration announcements—don’t confuse a “proposal” with “completion.” #Harmony #以太坊 # cryptocurrency Not investment advice
Don’t read “chain closure” as “token zeroing out”: Harmony proposes shutting down its own Layer-1 and moving $ONE to Ethereum.

According to reports from Cointelegraph, Lookonchain, and others, on Sunday Harmony proposed a non-binding plan: take the final network snapshot on-chain, issue an ERC-20 version of $ONE on Ethereum, and airdrop it to the same addresses (no action required to claim); exchanges will list and support the migration in tandem. Validators may opt to shut down their nodes, continue acting as governance participants, or join its new business of AI video secondary creation. Governance still requires participation with about 51% staked voting weight and about 66.7% approval—this proposal does not equal a completed shutdown, nor does it mean the migration has already been finished.

The boundaries are even more critical: multisig insurance vaults, liquidity pools, and on-chain applications cannot be migrated. Official guidance urges users to exit all smart contracts by September 10, otherwise assets could get stuck. Validators may shut down nodes starting from that day, perform the shutdown on time while keeping their stake, and those who agree to become governance representatives will receive a compensation pool of about $1.372 million, distributed across four quarters. The backdrop includes a forged-token vulnerability about four weeks ago, and a plan to roll back more than 109,000 transactions—an unmistakable signal of shifting from “patching the chain” to “shutting down the chain.” Market reference (CoinGecko): $BTC is about $79,400; $BNB is about $744. First watch the snapshot time and exchange migration announcements—don’t confuse a “proposal” with “completion.”

#Harmony #以太坊 # cryptocurrency
Not investment advice
When a Layer 1 that once competed with Ethereum declares it will "shut down," how will smart money and whales act before the deadline? Harmony's surprise proposal to stop blockchain operations and return to being an ERC-20 token on $ETH is a major warning sign for $ONE holders. After the incident involving the creation of 4 billion tokens $ONE (accounting for 26% of total supply) and the $100 million hack in the past, the team's decision to step back in the face of security threats from $AI shows that the challenge of maintaining the network has gone beyond control. From a flow perspective, whales and liquidity providers will never stand still. The asset withdrawal deadline is 10/09/2026, and the biggest risk lies in the fact that balances in DEX pools or dApps will not be snapshotted automatically. Large players are certainly scrambling to drain liquidity from the ecosystem to preserve capital, pushing late investors into the risk of being severely stuck with assets. Amid this volatility, prioritizing risk management and independently reviewing your personal wallet (DYOR) is always more important than any hope of buying the bottom. What do you think of this price level for $ONE — an opportunity or a risk? Check the chart $ONE below! 👇 #Harmony #ONE #Ethereum #Altcoin
When a Layer 1 that once competed with Ethereum declares it will "shut down," how will smart money and whales act before the deadline?

Harmony's surprise proposal to stop blockchain operations and return to being an ERC-20 token on $ETH is a major warning sign for $ONE holders. After the incident involving the creation of 4 billion tokens $ONE (accounting for 26% of total supply) and the $100 million hack in the past, the team's decision to step back in the face of security threats from $AI shows that the challenge of maintaining the network has gone beyond control.

From a flow perspective, whales and liquidity providers will never stand still. The asset withdrawal deadline is 10/09/2026, and the biggest risk lies in the fact that balances in DEX pools or dApps will not be snapshotted automatically. Large players are certainly scrambling to drain liquidity from the ecosystem to preserve capital, pushing late investors into the risk of being severely stuck with assets.

Amid this volatility, prioritizing risk management and independently reviewing your personal wallet (DYOR) is always more important than any hope of buying the bottom.

What do you think of this price level for $ONE — an opportunity or a risk? Check the chart $ONE below! 👇

#Harmony #ONE #Ethereum #Altcoin
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Harmony shuts down mainnet: migrates to EthereumYet another independent L1 has proactively pressed the shutdown button. Harmony’s official proposal: fully sunset the mainnet launched in 2019, and migrate the native token $ONE to $ETH. The key issue is not the slogan, but the execution details — take a snapshot at the final block, and ordinary holdings will be airdropped to the same address on Ethereum, so most users will not need to claim manually; however, multisigs, liquidity pools, and on-chain applications cannot be moved over, and the team is urging users to exit the relevant contracts before September 10. Validators can stop their nodes starting at 22:00 Beijing time on September 10. The rationale is stated very plainly: the attack pressure from state actors and AI agents makes continuing to operate this chain no longer cost-effective. The compensation pool is a one-time payment of about 1.372 million dollars, distributed over four seasons to validators and delegators who maintain nodes on time, sign the agreement, and continue participating in governance. The total supply and inflation cadence are said to remain unchanged, while newly issued tokens will be used to support a new business: the AI video remix/mashup economy. Both proposals are still non-binding, and the details may be adjusted.

Harmony shuts down mainnet: migrates to Ethereum

Yet another independent L1 has proactively pressed the shutdown button.
Harmony’s official proposal: fully sunset the mainnet launched in 2019, and migrate the native token $ONE to $ETH . The key issue is not the slogan, but the execution details — take a snapshot at the final block, and ordinary holdings will be airdropped to the same address on Ethereum, so most users will not need to claim manually; however, multisigs, liquidity pools, and on-chain applications cannot be moved over, and the team is urging users to exit the relevant contracts before September 10. Validators can stop their nodes starting at 22:00 Beijing time on September 10.
The rationale is stated very plainly: the attack pressure from state actors and AI agents makes continuing to operate this chain no longer cost-effective. The compensation pool is a one-time payment of about 1.372 million dollars, distributed over four seasons to validators and delegators who maintain nodes on time, sign the agreement, and continue participating in governance. The total supply and inflation cadence are said to remain unchanged, while newly issued tokens will be used to support a new business: the AI video remix/mashup economy. Both proposals are still non-binding, and the details may be adjusted.
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