Harmony Token Falls to Record Low After Exploit Mints 4 Billion ONE

Harmony (ONE) fell to an all-time low of $0.0005735 during early Asian trading on Wednesday after a reported exploit minted roughly 4 billion tokens without authorization. The minted amount equals about 26% of ONE’s total supply. Harmony said it is coordinating with exchanges to freeze funds while it develops a patch and evaluates rollback options.