Under the proposal, there would be either a 100% reimbursement via 4.97 billion new ONE tokens or a 50% reimbursement with 2.48 billion ONE tokens.
Harmony (ONE) Crypto News Today
Discover the latest news on Harmony today! The Harmony network is a blockchain platform designed for high-throughput and low-latency consensus. Harmony’s (ONE) token is its native asset and fuels the network, facilitating secure transactions and incentivizing validators.
Harmony aims to scale decentralized applications (DApps) without sacrificing security by utilizing sharding technology. With a focus on interoperability and cross-chain compatibility, Harmony seeks to foster a diverse decentralized finance (DeFi) and DApp ecosystem.
Stay up-to-date with Cointelegraph’s latest news, analysis and expert price predictions for Harmony and its ONE token.
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A new report suggests that a notorious North Korea-affiliated hacking group may be behind last week’s $100 million Harmony attack.
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The exploiter seems to have rejected the Harmony team’s bounty offer of $1 million to return the $100 million stolen from the Horizon Bridge token bridge.
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The Harmony team says it will offer $1 million to the hacker who exploited the Horizon Bridge for $100 million, but that may not be enough to get the funds back.
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The layer-1 blockchain’s main bridge between Ethereum, Binance Chain and Bitcoin has been exploited for nine figures but says its BTC bridge has not been affected.
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DeFi, although rewarding, can be stressful unless platforms can put a fun twist on users’ interactions.
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Announced live at ETH Denver, the upcoming NFT Passports also feature cross-chain support.
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Harmony's Ecosystem Fund financed Hashstack's solution to improving DeFi lending.
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