Harmony Token Falls to Record Low After Exploit Mints 4 Billion ONE
Harmony (ONE) fell to an all-time low of $0.0005735 during early Asian trading on Wednesday after a reported exploit minted roughly 4 billion tokens without authorization. The minted amount equals about 26% of ONE’s total supply. Harmony said it is coordinating with exchanges to freeze funds while it develops a patch and evaluates rollback options. The post Harmony Token Falls to Record Low After Exploit Mints 4 Billion ONE appeared first on BeInCrypto.
Key Takeaways
- Harmony (ONE) fell to an all-time low of $0.0005735 during early Asian trading on Wednesday after a reported exploit minted roughly 4 billion tokens without authorization.
- The minted amount equals about 26% of ONE’s total supply.
- Harmony said it is coordinating with exchanges to freeze funds while it develops a patch and evaluates rollback options.
Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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