Bitcoin price stable, Harmony protocol suffers an attack
2026-08-12 18:32:45
According to CoinMeta, the crypto market remained stable on Wednesday. While traders were awaiting the U.S. inflation report, they also dealt with news of an attack on the Harmony protocol. Harmony is a blockchain network used for the DeFi protocol and its market, which confirmed that it had been attacked earlier in Asia. The attackers created approximately 4 billion ONE tokens through empty blocks, accounting for about 26% of the token's circulating supply. Around 2.8 billion of these tokens were quickly transferred to exchanges, causing the price of ONE to fall by nearly 40%, reaching a new historical low. In contrast, the price of Bitcoin remained stable, currently at around $63,900, up 0.23% from midnight UTC.
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Source:CoinDesk
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