Harmony plans rollback after forged ONE mint spreads across the network
first published 2026-08-17T10:33:01Z
Harmony says it will roll back its blockchain to two Aug. 11 checkpoints after a forged ONE mint. The rollback would replace affected shard databases and discard more than 109,000 regular transactions and 315 staking transactions. The network says a wallet tied to the attack moved 2.385 trillion ONE through 477 successful transfers in 106 seconds, and exchanges, bridges and law enforcement are assisting with the investigation.
AI Analysis
The summary describes a forged token mint, a planned chain rollback, discarded transactions, and a large suspicious transfer tied to the attack. These facts indicate severe network disruption and direct negative implications for ONE.
Expected Investor Sentiment: Very Bearish
Potential Market Impact: High
