Harmony exploit mints 4 billion ONE as price hits record low
August 12, 2026
The unauthorized mint added about 26% to ONE’s supply and most of it reached exchanges before Harmony asked for a freeze
The unauthorized mint added about 26% to ONE’s supply and most of it reached exchanges before Harmony asked for a freeze
The payment processor refilled every drained wallet from its own reserves within 24 hours, but has not said how the attacker got in.
A federal judge granted expedited discovery and froze traceable assets, but Bybit says 90% of the stolen Ethereum has already gone dark.
Client funds sat in segregated trust accounts, but on-chain analysts say compromised wallets kept draining for 31 hours
Attackers drained AFX, Verus and B2 through compromised keys and logic flaws, not broken cryptography.
A flaw in SecondFi’s wallet generation software drained at least $2.4M in ADA, with SlowMist estimating losses could top $20M.
Private key compromises drove the largest losses as smart contract exploits declined, but the 85M Drift hack already erased Q1 gains