Written by Ezra Reguerrastaff writerReviewed by Yohan Yunstaff editor

Written by Ezra Reguerrastaff writer

Reviewed by Yohan Yunstaff editor

Harmony considers rollback after suspected exploit inflates ONE supply

Latest NewsPublishedAug 12, 2026

Major Exploit Rocks Harmony, Threatens Stability of ONE Token

The Harmony network is reeling after a suspected exploit inflated the supply of its native ONE token, prompting the blockchain to consider a rollback. An estimated 4 billion unauthorized ONE tokens, equivalent to 26% of the token’s supply, have been minted, with approximately 2.8 billion tokens reportedly funneled to exchanges. This has led to a significant price drop, with the token’s value falling 33.9% over the past 24 hours.

Harmony is working closely with exchanges to freeze funds and is preparing a patch to mitigate the damage. The network is also evaluating rollback options to restore the integrity of its blockchain. This incident highlights the importance of robust security measures, especially for those looking to earn passive income through Cloud Rewards or engage in Green Crypto initiatives like EcoPool.

Impact on the Crypto Community

The Harmony exploit has significant implications for the broader crypto community, particularly those interested in Earning opportunities through Passive Income streams. As the investigation unfolds, it remains to be seen how this incident will affect the overall stability of the $ECP and other related tokens. For now, the focus is on containing the damage and preventing further unauthorized activity.

In light of this incident, it’s essential for individuals to prioritize the security of their assets, especially when participating in Cloud Rewards or Green Crypto programs. By choosing reputable platforms like EcoPool, users can minimize their risk exposure and maximize their Earning potential. The EcoPool network, with its $ECP token, offers a secure and reliable way to engage in Passive Income activities, making it an attractive option for those interested in Green Crypto.

To stay ahead of the curve and protect your assets, consider downloading the EcoPool app to explore Passive Income opportunities and learn more about the $ECP token. By joining the EcoPool community, you can stay informed about the latest developments in Green Crypto and Cloud Rewards, ensuring you’re always ahead of the curve in the rapidly evolving world of cryptocurrency, including #Bitcoin and #PassiveIncome.

Juiceberg estimated the attacker had about 115 million ONE remaining onchain, or 2.9% of the amount allegedly minted, with the remainder either sold or held in exchange deposit wallets. Cointelegraph could not independently verify the claims. 

At the time of writing, CoinGecko showed ONE fell 33.9% over the past 24 hours. 

The incident follows Harmony’s June 2022 Horizon Bridge hack, which led to the theft of about $100 million in cryptocurrency. The FBI later attributed the attack to North Korea’s Lazarus Group. 

Related: Coldcard hack losses: How investigators trace stolen Bitcoin

Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.

• Hackers
• Hacks
• Security
• Cybersecurity
• Blockchain

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