Harmony’s ONE Plunges 30% After Attacker Mints 4 Billion Tokens

Harmony's ONE Sinks 37% After Attacker Mints 4 Billion Tokens - Decrypt

Attacker minted 4B ONE tokens (26% of supply) on Harmony; price fell 37% as 97% reached exchanges pre-patch. For tech strategy: L1 blockchains remain vulnerable to governance exploits, as the 2022 Horizon bridge hack ($100M loss) demonstrates.