Harmony patches verification flaws after reports of unauthorized ONE mint
first published 2026-08-12T05:18:40Z
Harmony said an apparent exploit created roughly 4 billion new ONE tokens. The team is working with exchanges to freeze funds, preparing a software patch, and considering a rollback. The incident follows earlier security problems, including a 2022 bridge hack and a 2023 unauthorized minting bug.
AI Analysis
The summary reports an exploit that created billions of new tokens and caused a 26% drop, with ongoing efforts to freeze funds, patch software, and consider a rollback. This is direct, negative, and immediately market-moving for ONE.
Expected Investor Sentiment: Very Bearish
Potential Market Impact: High
Source Articles
- Harmony’s ONE falls 26% after attacker allegedly mints 4 billion tokens - CoinDesk
- Harmony probes reported 4B ONE mint as price plunges - Crypto News
- Harmony considers rollback after suspected exploit inflates ONE supply - Cointelegraph
- Ravencoin drops to record low as miners move to reverse exploited chain - Crypto News
- California Man Accused of Draining Elderly Retiree’s Crypto Account of Nearly $100,000 - Daily Hodl
- Harmony Protocol Hack: 4 Billion ONE Tokens Minted, Price Crashes 30% - Coinpedia
- Harmony's ONE Sinks 37% After Attacker Mints 4 Billion Tokens - Decrypt
- Harmony’s ONE Plunges 30% After Attacker Mints 4 Billion Tokens - Bitcoin.com
- Harmony Patches Pre-Staking Quorum and Receipt-Replay Flaws After ONE Mint Claim - The Defiant
