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Harmony considers rollback after suspected exploit inflates ONE supply

The Cointelegraph ​

Cryptocoins News / The Cointelegraph ​ 8 Views

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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