Bullish
Harmony Activates Minting Vulnerability Fix and Initiates Rollback Plan
12:13
Harmony activates fix for minting exploit involving over 3 trillion ONE tokens across six blocks. Rollback plan agreed upon with validators and exchanges to restore chain integrity.
Woofun AI reports that the Harmony L1 public chain has activated a fix for a critical minting vulnerability and is implementing a rollback plan. The network reached an agreement with validators and exchanges on specific remediation steps. A comprehensive list of attacker wallets will be published shortly. The exploit resulted in the abnormal minting of more than 3 trillion ONE tokens, affecting six specific blocks.
WOOFUN AI
Impact Assessment · Quick Read
The activation of the vulnerability fix halts further unauthorized token issuance, addressing immediate supply inflation risks. Coordination with validators and exchanges suggests a high probability of successful state reversion, which would nullify the illicit minting. However, the scale of the exploit involving 3 trillion tokens indicates significant potential volatility for ONE price action as the network stabilizes.
Generated by WOOFUN AI · For reference only, not investment advice
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