Harmony’s ONE dives 26% after an attack appears to mint tokens equal to quarter of supply

CryptoInfo Editorial Team · Published on August 12, 2026 at 05:18 · Updated on August 12, 2026 · 1 min read

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Key Takeaways

→Harmony's ONE token price has dropped 26% following an attack
→The attack allegedly minted tokens equal to a quarter of the total supply
→Harmony is working with exchanges to freeze funds and preparing a software fix

Disclaimer: This content is provided for informational purposes only and does not constitute financial or investment advice.

Harmony's native token, ONE, has experienced a significant price drop of 26% after an attack allegedly minted tokens equal to a quarter of the total supply.

As reported by CoinDesk, the incident occurred and Harmony has stated that it is working with exchanges to freeze funds and is preparing a software fix to address the issue.

The company's swift response aims to mitigate the damage and prevent further exploitation.

Source: CoinDesk ↗