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Harmony Considers Blockchain Rollback After Suspected Exploit Inflates ONE Supply

Guavy AI Editorial Team
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ETH ONE
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Harmony is considering rolling back its blockchain after a suspected exploit inflated the supply of ONE tokens. The incident occurred when an attacker exploited a vulnerability in Harmony's code, causing the value of ONE to surge.

The attack is believed to have taken place on July 20th, with the attacker making off with a significant amount of Ether (ETH) and ONE tokens.

As a result, the supply of ONE tokens has increased by an estimated 100 million, causing concern among investors and traders. Harmony's team is now considering rolling back the blockchain to a previous state in order to restore the original balance of ONE tokens.

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