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The Layer 1 block chain project Harmony responded to an extraordinary increase in the number of cases of ONE: the freezing of funds in cooperation with the trading platform

On 12 August, HarmonyProtocol sent a communication indicating that the team was working with the relevant trading platform to try to stop and freeze the financial implications of the incident and was developing a rehabilitation programme and assessing roll-back options. Previously, chain data analysis revealed that Harmony was suspected to have been attacked and that the assailants had forged about 4 billion OEs through an empty block (emptyblocks) loophole, representing about 26 per cent of the current supply. Some 2.8 billion of them were subsequently transferred to trading platforms, triggering market-soldling pressures, leading to a significant fall in the price of the ONE. According to an analysis, the attackers exploited the supply-validation mechanism gap, which prevented the totalupupply interface from reflecting in a timely manner the actual number of new tokens, and masked the effects of inflation. Harmony said that he would update the progress of events as more information became available. The incident is still under investigation。

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