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Wu Blockchain
@WuBlockchain
Important Crypto News mainly Asia Lead by Colin Wu 吴说 More Channels: Contact: Tele colinwu1989 non-financial advice
加入 February 2010
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JUST IN: Harmony Exploited in Unauthorized Mint of 4 Billion ONE Harmony, a Layer 1 blockchain launched in 2019, said it is working with exchanges to stop and freeze funds following a suspected exploit, while developing a patch and evaluating rollback options. On-chain analyst Juiceberg reported that roughly 4 billion ONE, equivalent to about 26% of the token supply, was minted without authorization via empty blocks, with around 2.8 billion ONE quickly routed to exchanges as the token price plunged. Harmony has yet to disclose the root cause or confirm the amount involved. The network previously suffered a roughly $100 million exploit of its Horizon Bridge in 2022.
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