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Harmony's ONE Sinks 37% After Attacker Mints 4 Billion Tokens

By Decrypt
Aug 12, 2026
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We are working with our team and appropriate exchanges to stop and freeze the funds.

We are working on a patch and rollback options.

The project has not disclosed the vulnerability, confirmed how many tokens were created, or said how much reached exchanges. One oddity Juiceberg noted is that Harmony's totalSupply endpoint did not reflect the new tokens, and price trackers still list circulating supply at about 14.87 billion.

Rolling back the chain

A rollback would return the network to a state before the exploit and continue from there, erasing what followed from the accepted history. That cuts both ways, since transactions made by ordinary users after the attack would go with it.

FBI Confirms North Korea Behind $100 Million Harmony Hack

ONE now carries a market capitalisation of about $11.5 million, ranking it outside the top 1,000 tokens. It last traded near its October 2021 record of $0.38 more than four years ago, and is down more than 99% from that level.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of BitKan. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. BitKan shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. Products mentioned in this article may not be available in your region.

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