Bullish

Harmony Rollback Reverts to August 12 Blocks to Counter Fake Minting

17:35

Harmony implements database rollback to block heights 92.7M and 94.9M on Aug 12, reversing 2.385T ONE tokens minted in fraudulent attack.

Woofun AI reports that Harmony has finalized a rollback strategy reverting the network to block number 92,730,034 in shard 0 and 94,978,278 in shard 1, both timestamped August 12, 2026, at 07:25:37. Validators must utilize replacement databases to generate new blocks starting from heights 92,730,035 and 94,978,279, following the rejection of alternative fixes like targeted deletion or token migration due to risks of collateral damage.

The decision addresses a fraudulent minting incident where a wallet executed 534 transactions within 106 seconds, transferring 2.385 trillion ONE tokens. With over 99.9% of these funds traceable to related wallets or service providers, the team is coordinating with exchanges, bridges, and law enforcement to mitigate losses, while an independent security firm has verified the investigation findings.

WOOFUN AI

Impact Assessment · Quick Read

The full chain rollback represents a severe but necessary measure to preserve the integrity of the ONE token supply after a massive exploit. By reverting to pre-attack states, Harmony aims to nullify the 2.385 trillion token inflation, though this disrupts validator operations and requires strict adherence to upgrade checklists. The high traceability of stolen funds suggests potential for recovery, but the incident highlights critical vulnerabilities in smart contract security that may impact investor confidence in the network.
Generated by WOOFUN AI · For reference only, not investment advice

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