Harmony token drops 26% after exploit
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- Harmony’s ONE token fell 26% after an attacker allegedly minted 4 billion tokens.
- The incident raised concerns about token security and network controls.
- Developers are investigating the exploit and assessing its impact.
Harmony (CRYPTO:ONE) fell 26% after an attacker allegedly minted 4 billion ONE tokens.
The incident increased concerns about token security and network controls.
The alleged attack reportedly created billions of new tokens and increased supply pressure.
Developers are investigating the exploit and assessing its effect on the network.
The incident has increased attention on blockchain security and token minting controls.
Harmony is a blockchain network that supports digital assets and decentralised applications.
The network continues operating while developers investigate the alleged exploit and possible technical responses.
