Binance Square
#harmony

harmony

59,425 views
294 Discussing
Kripto Kurdu
·
--
$4 Billion in $ONE Stolen! 50% FALL! The Harmony team had made no progress in terms of development or token utility for nearly four years. Despite performing well in 2020, it has been in a steady decline ever since. This was a situation that greatly frustrated investors. This morning, we started the day with some news: 4 billion #Harmony tokens were reportedly stolen and sold on the market. Following this news, the price dropped by more than 50%. In my opinion, the decline will continue, but make sure to adjust your positions accordingly to account for buying on the dip
$4 Billion in $ONE Stolen! 50% FALL!

The Harmony team had made no progress in terms of development or token utility for nearly four years.

Despite performing well in 2020, it has been in a steady decline ever since. This was a situation that greatly frustrated investors.

This morning, we started the day with some news: 4 billion #Harmony tokens were reportedly stolen and sold on the market.

Following this news, the price dropped by more than 50%. In my opinion, the decline will continue, but make sure to adjust your positions accordingly to account for buying on the dip
godzela80:
Its holding good stop the fud, i Lost lots, who ever baught the dip is setting on good profit and the team is working on recovering and freeze the funds, and also they going to roleback the blocks
💀 ONE just crashed 36% in a single day — and the on-chain data tells you exactly why Harmony (ONE) went from $0.00125 to $0.00058 on 19x average volume. That is not normal selling — that is a capitulation event. The 4H RSI hit 15.7, which is deep oversold territory. But here is the scary part: whale wallets show $5.73M net outflow in 24 hours. 🧠 Why This Matters When RSI hits 15 and volume is 19x normal, you are watching a project in crisis. The funding rate has gone negative, meaning shorts are paying longs — the market is extremely bearish. Price is below ALL moving averages (7/25/99 day), confirming a death-cross structure. This could be a technical issue on the Harmony chain, a liquidity crisis, or a major holder liquidating. Until we know why, this is untouchable. 📊 Trade Plan EXIT — Do not buy this. • The oversold bounce will be a selling opportunity, not a buying one • If already holding, reduce exposure on any bounce • Wait for fundamental clarity before re-entering Oversold can stay oversold for weeks. RSI at 15 does not mean "buy" — it means "run." 💡 What is your rule for trading crash scenarios? Share below 👇 #ONE #Harmony #DYOR ⚠️ Disclaimer: This is analysis, not financial advice. Always do your own research and manage risk carefully.
💀 ONE just crashed 36% in a single day — and the on-chain data tells you exactly why

Harmony (ONE) went from $0.00125 to $0.00058 on 19x average volume. That is not normal selling — that is a capitulation event. The 4H RSI hit 15.7, which is deep oversold territory. But here is the scary part: whale wallets show $5.73M net outflow in 24 hours.

🧠 Why This Matters

When RSI hits 15 and volume is 19x normal, you are watching a project in crisis. The funding rate has gone negative, meaning shorts are paying longs — the market is extremely bearish. Price is below ALL moving averages (7/25/99 day), confirming a death-cross structure.

This could be a technical issue on the Harmony chain, a liquidity crisis, or a major holder liquidating. Until we know why, this is untouchable.

📊 Trade Plan

EXIT — Do not buy this.

• The oversold bounce will be a selling opportunity, not a buying one
• If already holding, reduce exposure on any bounce
• Wait for fundamental clarity before re-entering

Oversold can stay oversold for weeks. RSI at 15 does not mean "buy" — it means "run."

💡 What is your rule for trading crash scenarios? Share below 👇

#ONE #Harmony #DYOR

⚠️ Disclaimer: This is analysis, not financial advice. Always do your own research and manage risk carefully.
·
--
🚨ALERT Harmony just got exploited. ~4 BILLION $ONE tokens were minted out of thin air through empty block manipulation. The attacker still holds ~115M ONE while the majority was already funneled to exchanges, with portions sold off and laundered through wallets. And here's the crazy part: This isn't Harmony's first disaster. Their Horizon bridge got wrecked for $100M back in 2022. Same chain, same story. Some teams never learn. Brutal. #Harmony #CryptoSecurity #DeFi
🚨ALERT

Harmony just got exploited. ~4 BILLION $ONE tokens were minted out of thin air through empty block manipulation.

The attacker still holds ~115M ONE while the majority was already funneled to exchanges, with portions sold off and laundered through wallets.

And here's the crazy part:

This isn't Harmony's first disaster. Their Horizon bridge got wrecked for $100M back in 2022.

Same chain, same story. Some teams never learn. Brutal.

#Harmony #CryptoSecurity #DeFi
Harmony Confirms Unauthorized Mint of 4 Billion $ONE Tokens Harmony has confirmed a security incident involving the unauthorized minting of 4 billion $ONE tokens. The team is investigating the exploit, assessing its impact, and working to contain the issue while providing updates to the community. Such incidents can create significant selling pressure, increase volatility, and temporarily reduce market confidence. Traders should closely monitor official announcements, token supply changes, and exchange activity as the situation develops. $SOL {future}(SOLUSDT) #Harmony #ONE #CryptoSecurityResponse
Harmony Confirms Unauthorized Mint of 4 Billion $ONE Tokens

Harmony has confirmed a security incident involving the unauthorized minting of 4 billion $ONE tokens.

The team is investigating the exploit, assessing its impact, and working to contain the issue while providing updates to the community. Such incidents can create significant selling pressure, increase volatility, and temporarily reduce market confidence.

Traders should closely monitor official announcements, token supply changes, and exchange activity as the situation develops.
$SOL

#Harmony #ONE #CryptoSecurityResponse
🚨 $ONE HARMONY CRACKS DOWN — 409 WALLETS TRACED, 10K TRANSACTIONS FLAGGED! 💥 The aftermath is turning into a battlefield. 🦈 Harmony's team just announced they've traced every wallet that received fraudulent minted tokens. We're talking 409 addresses and 10,288 transactions — a full digital dragnet closing in with precision. 📥 What's more telling? Exchange partners have already blocked the hacker's wallets. That's liquidity getting frozen mid-flight. ⚡ Meanwhile, the emergency patch rollout is sprinting — 53% of validators upgraded within just 4 hours of release. That's network discipline under pressure. The rollback is now the leading candidate to fix this mess. 📊 The team is still shaping the full action plan, with more details expected shortly. Recovery plays like this can flip sentiment hard when execution stays sharp. 💬 Will this rapid response restore trust in $ONE , or is the overhead weight too heavy to shed? 👇 ⚠️ Not financial advice. Always manage your risk. 🛡️ 🏷️ #ONE #Harmony #CryptoNews #BlockchainSecurity 🎯 🦈
🚨 $ONE HARMONY CRACKS DOWN — 409 WALLETS TRACED, 10K TRANSACTIONS FLAGGED! 💥

The aftermath is turning into a battlefield. 🦈 Harmony's team just announced they've traced every wallet that received fraudulent minted tokens. We're talking 409 addresses and 10,288 transactions — a full digital dragnet closing in with precision. 📥

What's more telling? Exchange partners have already blocked the hacker's wallets. That's liquidity getting frozen mid-flight. ⚡ Meanwhile, the emergency patch rollout is sprinting — 53% of validators upgraded within just 4 hours of release. That's network discipline under pressure.

The rollback is now the leading candidate to fix this mess. 📊 The team is still shaping the full action plan, with more details expected shortly. Recovery plays like this can flip sentiment hard when execution stays sharp. 💬 Will this rapid response restore trust in $ONE , or is the overhead weight too heavy to shed? 👇

⚠️ Not financial advice. Always manage your risk. 🛡️

🏷️ #ONE #Harmony #CryptoNews #BlockchainSecurity

🎯 🦈
⚡ RSI 15 on the 4H chart. That's not oversold — that's a distress signal. Harmony's ONE token is down 37% today and 33% over 7 days. Volume exploded to 18x normal at $10.5M. Whale data shows $5.73M net outflow in 24 hours. Price crashed from $0.00125 to $0.00058 — this is capitulation. 📊 Why This Is Dangerous: When RSI hits 15, something fundamental is broken. The 7-day SMA ($0.00107) is now resistance. Long/short ratio at 1.59 suggests trapped longs still hoping for a bounce — more selling to come. 🎯 Trade Plan: • Strategy: EXIT / AVOID • Risk/Reward: 0.2 — terrible • Do NOT bottom-fish until: RSI divergence + volume dry-up + higher low confirmed • Harmony ecosystem may be facing technical or liquidity crisis The worst trades are the ones where you try to be brave during capitulation. 💬 Is this a buying opportunity or a value trap? What's your read on Harmony's fundamentals? #ONE #Harmony #DYOR ⚠️ Disclaimer: This is not financial advice. Always do your own research. Crypto is volatile — never invest more than you can afford to lose.
⚡ RSI 15 on the 4H chart. That's not oversold — that's a distress signal.

Harmony's ONE token is down 37% today and 33% over 7 days. Volume exploded to 18x normal at $10.5M. Whale data shows $5.73M net outflow in 24 hours. Price crashed from $0.00125 to $0.00058 — this is capitulation.

📊 Why This Is Dangerous:
When RSI hits 15, something fundamental is broken. The 7-day SMA ($0.00107) is now resistance. Long/short ratio at 1.59 suggests trapped longs still hoping for a bounce — more selling to come.

🎯 Trade Plan:
• Strategy: EXIT / AVOID
• Risk/Reward: 0.2 — terrible
• Do NOT bottom-fish until: RSI divergence + volume dry-up + higher low confirmed
• Harmony ecosystem may be facing technical or liquidity crisis

The worst trades are the ones where you try to be brave during capitulation.

💬 Is this a buying opportunity or a value trap? What's your read on Harmony's fundamentals?

#ONE #Harmony #DYOR

⚠️ Disclaimer: This is not financial advice. Always do your own research. Crypto is volatile — never invest more than you can afford to lose.
·
--
$ONE JUST CRASHED ~40% — AND THIS ISN’T A NORMAL MARKET DUMP Harmony is dealing with a serious security incident after an attack reportedly minted new tokens equivalent to roughly 25% of the existing supply. ONE reacted brutally — dropping around 40%. Harmony says it’s working with exchanges to freeze the affected funds while preparing a software fix. This is exactly why I don’t blindly “buy the dip” after every massive red candle. A 40% drop caused by market fear is one thing. A 40% drop connected to unexpected token creation + security risk is completely different. 👀 Now I’m watching whether exchanges successfully contain the funds—and whether Harmony can restore confidence after the fix. Would you buy ONE after a 40% crash, or is the security risk too high? 👇 $ONE $BTC {future}(BTCUSDT) #Harmony #CryptoSecurity
$ONE JUST CRASHED ~40% — AND THIS ISN’T A NORMAL MARKET DUMP
Harmony is dealing with a serious security incident after an attack reportedly minted new tokens equivalent to roughly 25% of the existing supply.
ONE reacted brutally — dropping around 40%.
Harmony says it’s working with exchanges to freeze the affected funds while preparing a software fix.
This is exactly why I don’t blindly “buy the dip” after every massive red candle.
A 40% drop caused by market fear is one thing.
A 40% drop connected to unexpected token creation + security risk is completely different.
👀 Now I’m watching whether exchanges successfully contain the funds—and whether Harmony can restore confidence after the fix.
Would you buy ONE after a 40% crash, or is the security risk too high? 👇
$ONE $BTC
#Harmony #CryptoSecurity
‼‼ Price Alert ‼‼ Wait guys I need your attention. 👀👀Guys look at $ONE downfall👀👀📉📉📉 {spot}(ONEUSDT) $ONE  price is going rapidly down with some of the following characteristics: 📊Market Cap: $11.40M ⚡Volume: $49.30M 🏆Rank: No. 870 Will $ONE RECOVER or not ❓❓❓❓ Share you opinions in the comments.💬💬💬 If you find this update helpful so Please like and follow for more😊😊😊😊 Watch It's 1 Day Chart also #Harmony #Binance #one #Oneusdt #MoneyGramExpandsCashCryptoServiceToSolana Risk Warning: Harmony was exploited, and an additional 4 billion ONE tokens were minted. Please be aware of potential security and price volatility risks. Warning⚠🔴🔴: This coin has a monitoring tag which mean it is highly volatile and risky so Please Do you Own Research before investing money.
‼‼ Price Alert ‼‼
Wait guys I need your attention.
👀👀Guys look at $ONE downfall👀👀📉📉📉

$ONE price is going rapidly down with some of the following characteristics:
📊Market Cap: $11.40M
⚡Volume: $49.30M
🏆Rank: No. 870
Will $ONE RECOVER or not ❓❓❓❓
Share you opinions in the comments.💬💬💬
If you find this update helpful so Please like and follow for more😊😊😊😊
Watch It's 1 Day Chart also
#Harmony #Binance #one #Oneusdt #MoneyGramExpandsCashCryptoServiceToSolana

Risk Warning: Harmony was exploited, and an additional 4 billion ONE tokens were minted. Please be aware of potential security and price volatility risks.
Warning⚠🔴🔴: This coin has a monitoring tag which mean it is highly volatile and risky so Please Do you Own Research before investing money.
$ONE 📉 $ONE /USDT — Bearish Setup ONE is showing strong selling pressure, down 28% with a huge volume spike. Price is below MA(7), MA(25) and MA(99), keeping the trend bearish. 🔻 Resistance: 0.00108–0.00120 🎯 Support/Targets: 0.00079 → 0.00056 ⚠️ Reclaiming 0.00120 could weaken the bearish setup. #ONE #Harmony #Crypto #BinanceSquare {future}(ONEUSDT)
$ONE 📉 $ONE /USDT — Bearish Setup

ONE is showing strong selling pressure, down 28% with a huge volume spike. Price is below MA(7), MA(25) and MA(99), keeping the trend bearish.

🔻 Resistance: 0.00108–0.00120
🎯 Support/Targets: 0.00079 → 0.00056
⚠️ Reclaiming 0.00120 could weaken the bearish setup.

#ONE #Harmony #Crypto #BinanceSquare
🚨 Chaos in #Harmony A “print” flaw releases 4 billion tokens and sends the price down 40% while the network evaluates a controversial “rollback” Layer 1 network Harmony faces a new massive security crisis An as-yet unexplained vulnerability enabled the unauthorized creation of approximately 4 billion tokens #one , triggering an abrupt near-40% devaluation of the asset’s price during the Asian trading session. 🔑 Key Takeaways to Understand the Crisis Massive and Immediate Dilution: The illicit issuance represented a 26% increase over the existing supply (around 15 billion ONE), injecting devastating selling pressure into the market. Emergency Containment Measures: Harmony deployed an urgent software patch to stop the creation of more tokens. The network’s token bridge (bridge) was frozen. Exchanges were asked to immediately block funds linked to 4 key addresses. The Immutable Dilemma: Harmony is considering applying a rollback (reverting the network to a state prior to the attack). While this would invalidate the coins created, it sparks an intense ethical and technical debate about violating blockchain immutability and risking the cancellation of legitimate transactions (a scenario identical to the one recently faced by Ravencoin). 🔴 A Recurring History of Vulnerabilities This event is not an isolated case, but the latest chapter in the project’s turbulent security track record: December 2023: A flaw in the staking system improperly issued 146.3 million ONE to 74 addresses. June 2022: The infamous $100 million hack of its Horizon bridge, carried out by North Korea’s Lazarus group. Current Status Unlike the 2022 hack, this incident did not affect assets held in a bridge, but the protocol’s native issuance. #HarmonyOne #Hacked $ONE {future}(ONEUSDT)
🚨 Chaos in #Harmony
A “print” flaw releases 4 billion tokens and sends the price down 40% while the network evaluates a controversial “rollback”

Layer 1 network Harmony faces a new massive security crisis
An as-yet unexplained vulnerability enabled the unauthorized creation of approximately 4 billion tokens #one , triggering an abrupt near-40% devaluation of the asset’s price during the Asian trading session.

🔑 Key Takeaways to Understand the Crisis
Massive and Immediate Dilution: The illicit issuance represented a 26% increase over the existing supply (around 15 billion ONE), injecting devastating selling pressure into the market.
Emergency Containment Measures:
Harmony deployed an urgent software patch to stop the creation of more tokens.
The network’s token bridge (bridge) was frozen.
Exchanges were asked to immediately block funds linked to 4 key addresses.

The Immutable Dilemma: Harmony is considering applying a rollback (reverting the network to a state prior to the attack). While this would invalidate the coins created, it sparks an intense ethical and technical debate about violating blockchain immutability and risking the cancellation of legitimate transactions (a scenario identical to the one recently faced by Ravencoin).

🔴 A Recurring History of Vulnerabilities
This event is not an isolated case, but the latest chapter in the project’s turbulent security track record:
December 2023: A flaw in the staking system improperly issued 146.3 million ONE to 74 addresses.
June 2022: The infamous $100 million hack of its Horizon bridge, carried out by North Korea’s Lazarus group.

Current Status
Unlike the 2022 hack, this incident did not affect assets held in a bridge, but the protocol’s native issuance.
#HarmonyOne #Hacked
$ONE
⚠️ $ONE 24 hours of sharp decline by 46%, yet Open Interest surged by 160.2%—when these data points are viewed together, the signal is already very glaring. Breaking down the current situation simply: On the price side, $ONE nearly halved in a very short period of time, compressing its market cap to around the $17.5 million level. This is a typical small-cap, high-volatility range, where even a single large sell order can create huge waves in the market. On the capital side, Open Interest surged against the trend by 160%, indicating that both longs and shorts are aggressively piling on leverage, especially on the short side. If the market continues to weaken, forced liquidations of leveraged longs will create a chain reaction of cascading sell-offs, and the low market cap means liquidity is insufficient, with very limited buying support. On the sentiment side, the overlap of panic selling and forced deleveraging is often not the end of the move, but an acceleration phase. Under this structure, low-cap assets have a much higher probability of continuing to fall in the short term than of quickly recovering. In terms of trading, the biggest mistake at this stage is trying to 'buy the dip and catch the falling knife.' Under the triple resonance of small market cap, high leverage, and panic sentiment, any rebound may simply be a bull trap. Real stabilization would require seeing: Open Interest clearly retreat, on-chain panic selling exhaust itself, and trading volume shift from expanding sell-offs to a lower-volume consolidation. Before those signals appear, staying on the sidelines is more rational than participating. The next phase for $ONE depends on whether this round of leveraged liquidation has fully run its course, not on one or two candlesticks. #Harmony#SmallCapRisk#LeveragedLiquidation
⚠️ $ONE 24 hours of sharp decline by 46%, yet Open Interest surged by 160.2%—when these data points are viewed together, the signal is already very glaring.

Breaking down the current situation simply:

On the price side, $ONE nearly halved in a very short period of time, compressing its market cap to around the $17.5 million level. This is a typical small-cap, high-volatility range, where even a single large sell order can create huge waves in the market.

On the capital side, Open Interest surged against the trend by 160%, indicating that both longs and shorts are aggressively piling on leverage, especially on the short side. If the market continues to weaken, forced liquidations of leveraged longs will create a chain reaction of cascading sell-offs, and the low market cap means liquidity is insufficient, with very limited buying support.

On the sentiment side, the overlap of panic selling and forced deleveraging is often not the end of the move, but an acceleration phase. Under this structure, low-cap assets have a much higher probability of continuing to fall in the short term than of quickly recovering.

In terms of trading, the biggest mistake at this stage is trying to 'buy the dip and catch the falling knife.' Under the triple resonance of small market cap, high leverage, and panic sentiment, any rebound may simply be a bull trap. Real stabilization would require seeing: Open Interest clearly retreat, on-chain panic selling exhaust itself, and trading volume shift from expanding sell-offs to a lower-volume consolidation.

Before those signals appear, staying on the sidelines is more rational than participating. The next phase for $ONE depends on whether this round of leveraged liquidation has fully run its course, not on one or two candlesticks.

#Harmony#SmallCapRisk#LeveragedLiquidation
Harmony has released the latest updates on the recent vulnerability exploitation incident. According to official disclosures, the team has tracked all 409 wallets involved in the illicitly minted token inflows, covering 10,288 suspicious transfers. Meanwhile, alerts for hundreds of suspicious deposit transactions have been sent to exchange partners, and the relevant platforms have promptly blocked the attackers’ wallet addresses. Regarding node remediation, currently 53% of the validating nodes have completed the urgent patch upgrade. The patch was released 4 hours ago, and the remaining nodes are being updated in phases. Harmony states that, at present, block rollback is the preferred viable option for addressing this incident. The company expects to publish more technical details and follow-up handling measures within the next few hours. The incident is still developing. Users are advised to closely monitor official announcements, stay alert to abnormal activity from related addresses, and manage their assets securely. #Harmony#Blockchain Security#Project Progress
Harmony has released the latest updates on the recent vulnerability exploitation incident.

According to official disclosures, the team has tracked all 409 wallets involved in the illicitly minted token inflows, covering 10,288 suspicious transfers. Meanwhile, alerts for hundreds of suspicious deposit transactions have been sent to exchange partners, and the relevant platforms have promptly blocked the attackers’ wallet addresses.

Regarding node remediation, currently 53% of the validating nodes have completed the urgent patch upgrade. The patch was released 4 hours ago, and the remaining nodes are being updated in phases.

Harmony states that, at present, block rollback is the preferred viable option for addressing this incident. The company expects to publish more technical details and follow-up handling measures within the next few hours.

The incident is still developing. Users are advised to closely monitor official announcements, stay alert to abnormal activity from related addresses, and manage their assets securely. #Harmony#Blockchain Security#Project Progress
Harmony Cross-Chain Bridge Under Attack: Latest Update—Officially Tracked All 409 Wallets Involved in Illegally Minted Tokens, totaling 10,288 Suspicious Transfers, and Has Issued Alerts to Multiple Exchange Partners; the Involved Wallets Were Promptly Blocked. Meanwhile, an emergency patch is underway—so far, 53% of the verification nodes have completed the upgrade. Harmony has made it clear that a blockchain rollback is the current “most preferred viable option,” with more details to be released within the next few hours. For cross-chain bridge projects, while a rollback can help limit losses and recover users’ assets, it inevitably sparks debate over the principle of “blockchain immutability.” This time, Harmony clearly chose to put users’ assets first. Keep an eye out for further disclosures and the progress of the node upgrades. #Harmony #跨链桥安全 #Blockchain Rollback
Harmony Cross-Chain Bridge Under Attack: Latest Update—Officially Tracked All 409 Wallets Involved in Illegally Minted Tokens, totaling 10,288 Suspicious Transfers, and Has Issued Alerts to Multiple Exchange Partners; the Involved Wallets Were Promptly Blocked.

Meanwhile, an emergency patch is underway—so far, 53% of the verification nodes have completed the upgrade.

Harmony has made it clear that a blockchain rollback is the current “most preferred viable option,” with more details to be released within the next few hours. For cross-chain bridge projects, while a rollback can help limit losses and recover users’ assets, it inevitably sparks debate over the principle of “blockchain immutability.” This time, Harmony clearly chose to put users’ assets first.

Keep an eye out for further disclosures and the progress of the node upgrades.

#Harmony #跨链桥安全 #Blockchain Rollback
Harmony releases latest developments on the vulnerability incident: 10,288 transfers have been identified from 10288 wallets into which illegally minted tokens have flowed, and alerts have been sent to partner exchanges. Multiple platforms have promptly blocked the attacker’s addresses. So far, 53% of the validating nodes have completed the emergency patch upgrade released 4 hours ago. Harmony has stated clearly that block rollback is the preferred response at present, and more details will be published within a few hours. Judging by the pace of this response, the team’s speed is commendable—three tracks are running in parallel: locking suspicious addresses, coordinating with exchanges to block them, and deploying an emergency patch upgrade. However, rollback also means on-chain transactions will be reverted, which often comes with community controversy and trust costs. Short-term disruption is unavoidable; the key is whether the subsequent detailed plan can strike a balance between security and decentralization. #Harmony #区块链安全 #crypto news
Harmony releases latest developments on the vulnerability incident: 10,288 transfers have been identified from 10288 wallets into which illegally minted tokens have flowed, and alerts have been sent to partner exchanges. Multiple platforms have promptly blocked the attacker’s addresses.

So far, 53% of the validating nodes have completed the emergency patch upgrade released 4 hours ago. Harmony has stated clearly that block rollback is the preferred response at present, and more details will be published within a few hours.

Judging by the pace of this response, the team’s speed is commendable—three tracks are running in parallel: locking suspicious addresses, coordinating with exchanges to block them, and deploying an emergency patch upgrade. However, rollback also means on-chain transactions will be reverted, which often comes with community controversy and trust costs. Short-term disruption is unavoidable; the key is whether the subsequent detailed plan can strike a balance between security and decentralization.

#Harmony #区块链安全 #crypto news
🚨 Harmony (ONE): ghost minteo. 4.000 million tokens appeared out of nowhere, 26% of the supply, and flew straight to exchanges. Price in freefall: -30% in minutes. Hack or internal work? Nobody is explaining anything yet. #ONE #Harmony #CryptoHack
🚨 Harmony (ONE): ghost minteo. 4.000 million tokens appeared out of nowhere, 26% of the supply, and flew straight to exchanges. Price in freefall: -30% in minutes. Hack or internal work? Nobody is explaining anything yet. #ONE #Harmony #CryptoHack
Article
Harmony Confirms It Was Attacked: The “4 Billion” Abnormal Issuance Market Talks About Isn’t the Real Challenge—the Real Question Is Whether to Roll BackThe first thing the market saw at dawn was ONE suddenly dumping, but what’s really worth watching isn’t the size of the drop—it’s a more troublesome question: if a public blockchain can magically create a huge amount of native coins out of thin air in abnormal blocks, a patch can only prevent the next incident; what should be done with the already-entered circulating holdings? On August 12, Harmony confirmed that the network was attacked, stating that it is working with relevant trading platforms to stop the attack and freeze funds, while also developing a patch and assessing rollback options. Multiple on-chain researchers reported that the attackers minted about 4 billion ONE tokens through abnormal empty blocks—an amount roughly equivalent to around one quarter of the circulating supply before the incident. Most of these holdings may have already moved to centralized platforms. It’s important to note that Harmony has not yet released a complete technical post-mortem, nor has it officially confirmed the final amount of the abnormal issuance; therefore, the “4 billion ONE” figure and the specific flows should be treated as on-chain estimates.

Harmony Confirms It Was Attacked: The “4 Billion” Abnormal Issuance Market Talks About Isn’t the Real Challenge—the Real Question Is Whether to Roll Back

The first thing the market saw at dawn was ONE suddenly dumping, but what’s really worth watching isn’t the size of the drop—it’s a more troublesome question: if a public blockchain can magically create a huge amount of native coins out of thin air in abnormal blocks, a patch can only prevent the next incident; what should be done with the already-entered circulating holdings?
On August 12, Harmony confirmed that the network was attacked, stating that it is working with relevant trading platforms to stop the attack and freeze funds, while also developing a patch and assessing rollback options. Multiple on-chain researchers reported that the attackers minted about 4 billion ONE tokens through abnormal empty blocks—an amount roughly equivalent to around one quarter of the circulating supply before the incident. Most of these holdings may have already moved to centralized platforms. It’s important to note that Harmony has not yet released a complete technical post-mortem, nor has it officially confirmed the final amount of the abnormal issuance; therefore, the “4 billion ONE” figure and the specific flows should be treated as on-chain estimates.
Harmony ($ONE) has recently encountered a severe trust crisis. Hackers exploited a vulnerability to illegally mint $4 billion worth of ONE tokens and quickly dumped them. On-chain supply surged by about 26% in a short period, with roughly 280 million ONE flowing into exchanges. This triggered a panic-driven selloff and a cascade of contract liquidations, putting tremendous downward pressure on the price. Based on the data, the current quote at $ONE is only about $0.00123, with a 24-hour trading volume of around $1.17 million. The market cap has fallen to the range of about $18.4 million, and overall liquidity and attention have clearly declined. The most concerning aspect of this incident is not the short-term price volatility itself, but the repeated exploitation of the minting loopholes in the cross-chain bridge and contract layers. This suggests that some long-established blockchain networks still have obvious weaknesses in security audits and emergency response mechanisms. For users still holding $ONE , in the short term you should closely monitor the progress of official bridge-contract upgrades and track the movement of funds linked to the hacker addresses, to avoid becoming a passive buyer in an environment with extremely low liquidity. In the long term, whether the team can promptly publish a compensation plan and rebuild a multi-signature governance and monitoring system will determine whether Harmony moves toward recovery or continues to be marginalized. #Harmony#BlockchainSecurity#CrossChainBridges Please note: This article is for information compilation and opinion sharing and does not constitute investment advice. Crypto asset prices are highly volatile—please DYOR and carefully assess your own risk tolerance.
Harmony ($ONE ) has recently encountered a severe trust crisis. Hackers exploited a vulnerability to illegally mint $4 billion worth of ONE tokens and quickly dumped them. On-chain supply surged by about 26% in a short period, with roughly 280 million ONE flowing into exchanges. This triggered a panic-driven selloff and a cascade of contract liquidations, putting tremendous downward pressure on the price.

Based on the data, the current quote at $ONE is only about $0.00123, with a 24-hour trading volume of around $1.17 million. The market cap has fallen to the range of about $18.4 million, and overall liquidity and attention have clearly declined. The most concerning aspect of this incident is not the short-term price volatility itself, but the repeated exploitation of the minting loopholes in the cross-chain bridge and contract layers. This suggests that some long-established blockchain networks still have obvious weaknesses in security audits and emergency response mechanisms.

For users still holding $ONE , in the short term you should closely monitor the progress of official bridge-contract upgrades and track the movement of funds linked to the hacker addresses, to avoid becoming a passive buyer in an environment with extremely low liquidity. In the long term, whether the team can promptly publish a compensation plan and rebuild a multi-signature governance and monitoring system will determine whether Harmony moves toward recovery or continues to be marginalized.

#Harmony#BlockchainSecurity#CrossChainBridges

Please note: This article is for information compilation and opinion sharing and does not constitute investment advice. Crypto asset prices are highly volatile—please DYOR and carefully assess your own risk tolerance.
Harmony($ONE) recently suffered a serious supply-chain attack: about 400 million ONE were illegally minted and quickly dumped into the market. In a short period, the circulating supply surged by roughly 26%, triggering an explosion in exchange fund inflows, panic selling, and cascading liquidations, causing the price to drop sharply. From on-chain data, the scale of the minting is comparable to a significant portion of the project’s market value. This type of attack—"over-minting followed by dumping"—directly destroys the short-term price structure, and on-chain holders also face rapid devaluation risk. After the incident, cross-chain bridges and contract security became the focus of community discussions. Investors should pay closer attention to the team’s emergency response, the progress of vulnerability remediation, and any subsequent compensation plan. In the short term, <$ONE > may still absorb sell pressure and emotional shock, with volatility staying elevated. Whether it can recover in the medium to long term depends on whether the team can patch the漏洞 in time, rebuild market confidence, and on the real-world activity of ecosystem applications and the verifier network. Until there are clear signals of governance and security upgrades, it is recommended to participate cautiously and strictly manage position size. #Harmony#Cross-Chain Security#Crypto Market Update
Harmony($ONE ) recently suffered a serious supply-chain attack: about 400 million ONE were illegally minted and quickly dumped into the market. In a short period, the circulating supply surged by roughly 26%, triggering an explosion in exchange fund inflows, panic selling, and cascading liquidations, causing the price to drop sharply.

From on-chain data, the scale of the minting is comparable to a significant portion of the project’s market value. This type of attack—"over-minting followed by dumping"—directly destroys the short-term price structure, and on-chain holders also face rapid devaluation risk. After the incident, cross-chain bridges and contract security became the focus of community discussions. Investors should pay closer attention to the team’s emergency response, the progress of vulnerability remediation, and any subsequent compensation plan.

In the short term, <$ONE > may still absorb sell pressure and emotional shock, with volatility staying elevated. Whether it can recover in the medium to long term depends on whether the team can patch the漏洞 in time, rebuild market confidence, and on the real-world activity of ecosystem applications and the verifier network. Until there are clear signals of governance and security upgrades, it is recommended to participate cautiously and strictly manage position size.

#Harmony#Cross-Chain Security#Crypto Market Update
Harmony ($ONE) recently experienced a serious security incident. Reports say hackers exploited a vulnerability to illegally mint as many as 4 billion ONE tokens and quickly sell them off, causing the total token supply to surge by about 26% in a short time. Approximately 280 million ONE tokens were then sent to exchanges immediately, triggering panic sell-offs and a cascade of liquidations in perpetual contracts. On-chain data clearly shows the impact: a large amount of newly minted supply flooded the market within an extremely short period, instantly breaking the supply-demand balance. Selling pressure was concentrated and released rapidly, and the price followed—under heavy downward pressure. For a project whose circulating market cap is already not very large, a daily increase in supply of more than a quarter is almost equivalent to a liquidity crisis. At the moment, $ONE is trading at around $0.00123. The 24-hour trading volume is about $1.17 million, and the market cap is roughly $18.4 million. Liquidity is already at a relatively low level. Under these circumstances, any additional sell pressure will be amplified by the market, and the price discovery mechanism is more likely to malfunction—this is also why we are seeing a notably irrational decline in price. This kind of event once again highlights several key issues: first, whether the project team has invested enough in cross-chain bridge and contract security audits; second, whether the circuit breaker mechanisms and emergency response speed are adequate when abnormal minting occurs; and third, the risk-management awareness of token holders after the incident, including position sizing, stop-loss settings, and a sufficient understanding of liquidity risks. In the short term, market sentiment recovery and price stabilization will depend on the official progress in addressing the vulnerability, the tracking status of the remaining stolen funds, and whether the community and exchanges can promptly cooperate to freeze the relevant addresses. If handled properly, panic will gradually dissipate; if progress is slow, the price may continue to face downward pressure. The crypto world never lacks black swan events—and each one is a dual test of both the project’s security system and investors’ risk awareness. In periods of heightened market volatility, caution is always more important than greed. #Harmony#crypto security#DeFi risk
Harmony ($ONE ) recently experienced a serious security incident. Reports say hackers exploited a vulnerability to illegally mint as many as 4 billion ONE tokens and quickly sell them off, causing the total token supply to surge by about 26% in a short time. Approximately 280 million ONE tokens were then sent to exchanges immediately, triggering panic sell-offs and a cascade of liquidations in perpetual contracts.

On-chain data clearly shows the impact: a large amount of newly minted supply flooded the market within an extremely short period, instantly breaking the supply-demand balance. Selling pressure was concentrated and released rapidly, and the price followed—under heavy downward pressure.

For a project whose circulating market cap is already not very large, a daily increase in supply of more than a quarter is almost equivalent to a liquidity crisis.

At the moment, $ONE is trading at around $0.00123. The 24-hour trading volume is about $1.17 million, and the market cap is roughly $18.4 million. Liquidity is already at a relatively low level. Under these circumstances, any additional sell pressure will be amplified by the market, and the price discovery mechanism is more likely to malfunction—this is also why we are seeing a notably irrational decline in price.

This kind of event once again highlights several key issues: first, whether the project team has invested enough in cross-chain bridge and contract security audits; second, whether the circuit breaker mechanisms and emergency response speed are adequate when abnormal minting occurs; and third, the risk-management awareness of token holders after the incident, including position sizing, stop-loss settings, and a sufficient understanding of liquidity risks.

In the short term, market sentiment recovery and price stabilization will depend on the official progress in addressing the vulnerability, the tracking status of the remaining stolen funds, and whether the community and exchanges can promptly cooperate to freeze the relevant addresses. If handled properly, panic will gradually dissipate; if progress is slow, the price may continue to face downward pressure.

The crypto world never lacks black swan events—and each one is a dual test of both the project’s security system and investors’ risk awareness. In periods of heightened market volatility, caution is always more important than greed. #Harmony#crypto security#DeFi risk
Log in to explore more content
Join global crypto users on Binance Square
⚡️ Get latest and useful information about crypto.
💬 Trusted by the world’s largest crypto exchange.
👍 Discover real insights from verified creators.
Email / Phone number