Browsing: Harmony

Harmony Protocol suffered a major security breach on August 12, 2026, when an attacker exploited verification flaws to mint 2.385 trillion unauthorized ONE tokens. This caused the token price to plummet over 30%. In response, the developers decided to roll back the blockchain to its state on August 11 to undo the exploit. They also…

Harmony has moved from considering a rollback to publishing the exact checkpoints it plans to use after an attacker forged trillions of ONE tokens. The recovery decision will discard legitimate post-checkpoint activity as well as the malicious state, making it one of the most disruptive options available to a live blockchain.

Layer-1 blockchain Harmony will roll back its chain to an earlier state to contain the fallout from a hack involving the unauthorized minting of fake ONE tokens.