Harmony blockchain was exploited, with an attacker minting ~4 billion ONE tokens (26% of supply), causing a 37% price drop to $0.00077. ~97% of the tokens have reached exchanges, with Harmony responding by patching to prevent further minting and considering a rollback.
Harmony blockchain network releases patch v2026.1.1 to prevent further unauthorized minting of its native ONE token, addressing protocol-level vulnerabilities; existing illicitly minted tokens' fate undecided.
Harmony considers a blockchain rollback after claims an attacker exploited the network to mint nearly 4 billion ONE tokens, causing a 33.9% price drop.
Samsung's announcement to support stablecoins in its Wallet app sparks competition among issuers and networks for integration, with the company's control over the interface giving it leverage in determining the distribution impact.
