Harmony’s ONE Sinks 37% After Attacker Mints 4 Billion Tokens

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An attacker minted roughly 4 billion ONE tokens on the Harmony blockchain, approximately 26% of the total supply. About 97% of those tokens have already reached exchanges, according to on-chain analyst Juiceberg. The ONE token fell 37% to around $0.00077. Harmony confirmed the exploit and deployed a patch to stop further minting. The token now carries a market capitalization of approximately $11.5 million, ranking it outside the top 1,000.

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Telemac
Telemachttp://cryptoinfo.ch
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