Harmony ONE token drops 40% following exploit and massive unauthorized mint

CoinDesk · first seen 12.08.2026

Harmony's ONE token plummeted by 40% after an apparent attack allowed the minting of tokens equal to a quarter of its total supply.

Harmony's ONE token dropped 40% in value
An attack appeared to mint tokens equaling a quarter of the supply

Sources

CoinDesk — Harmony’s ONE dives 40% after an attack appears to mint tokens equal to quarter of supply

Also in the feed that day

Bank of England to Test Stablecoin and Digital Currency in Cross-Border Finance

CoinDesk

Goldman Sachs Enters Bitcoin Income ETFs with NEOS Buyout

CoinDesk

Bitcoin holds $64,000 as July inflation meets forecasts

CoinDesk

Fidelity moves to add staking and quarterly payouts to ether ETF

CoinDesk

Standard Chartered-led Anchorpoint launches Hong Kong dollar stablecoin

CoinDesk