Harmony Protocol Hack: 4 Billion ONE Tokens Minted, Price Crashes 30%

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The post Harmony Protocol Hack: 4 Billion ONE Tokens Minted, Price Crashes 30% appeared first on Coinpedia Fintech News

Harmony Protocol has been hit by a suspected exploit that resulted in the unauthorized minting of about 4 billion ONE tokens, equivalent to roughly 26% of the token’s total supply, according to on-chain analyst Juiceberg. The attack sent ONE down more than 30% as the newly minted tokens were moved through the network and into …