Supply surges by 3 trillion, veteran public chain Harmony suffers another fatal blow
- Harmony protocol suffered an exploit resulting in the illegal minting of approximately 4 billion ONE tokens, accounting for 26% of its total supply.
- The attacker moved around 2.8 billion of those tokens to exchanges, causing a significant price drop for ONE.
- The official Harmony team is working with exchanges to block and freeze the involved funds and is developing a software patch to prevent further illegal minting.
- This incident marks the third major security issue for Harmony related to token supply in recent years, following previous attacks in 2022 and 2023.
- The abnormal minting of ONE tokens on the Harmony network exceeded 3 trillion, worth approximately $2.34 billion, due to critical logic errors in the protocol.
On August 12, it was reported that the Harmony protocol had suffered an exploit, leading to the illegal minting of approximately 4 billion ONE tokens. This represented 26% of its total supply, with around 2.8 billion of those tokens quickly moved to exchanges, causing a significant price drop from $0.00118 to a low of $0.00056.
The Harmony team announced they are working with exchanges to block and freeze the involved funds while developing a software patch to prevent further illegal minting. This incident marks the third major security issue related to token supply for Harmony in recent years, following attacks in 2022 and 2023.
As of around 4 p.m., the abnormal minting of ONE tokens on the Harmony network had exceeded 3 trillion, worth approximately $2.34 billion. The attacker exploited critical logic errors in Harmony's protocol to achieve this minting, highlighting vulnerabilities in small-market-cap public chains.
供应激增3000亿,老牌公链Harmony遭遇致命打击
8月12日报道称,Harmony协议遭遇攻击,导致非法铸造约40亿ONE代币。这占其总供应量的26%,其中约28亿代币迅速转移至交易所,导致价格从0.00118美元跌至最低0.00056美元。
Harmony团队宣布,他们正在与交易所合作,阻止和冻结相关资金,同时开发软件补丁以防止进一步的非法铸造。此次事件是Harmony近年来与代币供应相关的第三个重大安全问题,此前在2022年和2023年发生过类似攻击。
截至下午4点,Harmony网络上异常铸造的ONE代币已超过3000亿,价值约23.4亿美元。攻击者利用Harmony协议中的关键逻辑错误实现了这一铸造,突显出小市值公链的脆弱性。