Harmony considers rollback after suspected exploit inflates ONE supply

Harmony is working with exchanges to freeze funds and is preparing a patch after claims that 2.8 billion unauthorized ONE hit trading platforms.

Harmony is considering rolling back its blockchain after claims that an attacker exploited the network to mint nearly 4 billion ONE tokens, equivalent to about 26% of the token’s supply.

On Tuesday, Harmony said it was working with exchanges to stop and freeze funds. The layer-1 blockchain said it was preparing a patch and evaluating rollback options. It did not confirm the cause, the number of tokens created, or the amount sent to exchanges. 

Cointelegraph contacted Harmony for comment but had not received a response by publication. 

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Source: https://cointelegraph.com/news/armony-rollback-alleged-one-token-mint?utm_source=rss_feed&utm_medium=feed&utm_campaign=rss_partner_inbound