Security
Harmony’s ONE token crashes 40% following a major exploit
CoinJournal·August 12, 2026·1 min read
Harmony's ONE token plunged roughly 40% after an exploit created about 4 billion tokens, equivalent to 26% of ONE's existing supply. Harmony released an emergency software update to prevent further minting and urged network operators to install it immediately. The unauthorized issuance caused the sharp price drop.
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