Skip to main content
Sign in

Harmony ONE (Protocol Entity)

avoid.net/harmony-one-protocol-entity8/100·82% conf.
[AI-DRAFTED · AWAITING VERIFICATION]

Auto-generated score, not yet verified against the scoring model. Under review — treat as indicative, not a verdict.

anchored·7TrqED…83Ua

Summary

Harmony (ONE) is a layer-1 sharded proof-of-stake blockchain founded in 2017 and launched on mainnet in June 2019. The protocol has suffered two major security incidents: the June 2022 Horizon Bridge hack attributed by the FBI to the DPRK-linked Lazarus Group, in which approximately $100 million was stolen, and an August 2026 cross-shard mint exploit in which an attacker forged between 4 billion and 3.01 trillion ONE tokens by exploiting a consensus-layer quorum verification flaw. The 2026 incident drove the ONE token to an all-time low of $0.0005735 and prompted an unilateral chain rollback erasing over 109,000 confirmed transactions, raising systemic concerns about the network's security architecture and degree of decentralisation.

Connected Entities

1 entities
Protocols
Harmony ONE (Protocol Entity)
Relationships
  • + 3 more
Have evidence about Harmony ONE (Protocol Entity)?
0
Accepted
1
Under review
0
Rejected / revoked

Community submissions

Timeline(14 events)

2017

Harmony Protocol founded by Stephen Tse.

HackerNoon Founder Interview

29 May 2019

Harmony ONE IEO launched on Binance Launchpad at $0.00318 per token, raising $5 million.

Coinspeaker

June 2019

Harmony mainnet launches.

Coin Bureau Review

16 May 2020

Harmony launches staking, becoming the first sharded blockchain to offer staking.

Coin Bureau Review

October 2021

ONE token reaches all-time high of approximately $0.379.

DailyCoin

24 June 2022

Harmony's Horizon Bridge exploited for approximately $99.6 million via private key compromise. Assets stolen include WETH, USDC, USDT, DAI, SUSHI, and AAVE across 14 transactions.

Elliptic Analysis

13 January 2023

FBI formally confirms Lazarus Group (DPRK-linked) was responsible for the 2022 Horizon Bridge hack. Separately, approximately $60 million in stolen ETH moves through privacy protocol Railgun.

FBI Press Release / Decrypt

11 August 2026

At 23:25:40 UTC, an attacker begins exploiting cross-shard receipt replay and quorum verification bypass vulnerabilities in Harmony Mainnet.

Harmony Official Incident Update

12 August 2026

Approximately 4 billion ONE tokens minted across two empty-block transactions (1B ONE at block 92,731,152 and 3B ONE at block 92,732,898). Approximately 2.8 billion ONE moved to exchange deposit addresses within minutes. ONE token falls to all-time low of $0.0005735.

Harmony Official Incident Update / DailyCoin

12 August 2026

Harmony deploys emergency patch v2026.1.1 at 06:30 UTC, halts Shard 0 at block 92,753,555, pauses bridge, and contacts exchanges to freeze exploiter-linked wallets.

Harmony Official Incident Update

13 August 2026

Harmony publishes official incident update. Full-scope estimate of forged supply revised to approximately 3.01 trillion ONE across six cross-shard transactions into four exploiter wallets.

Harmony Official Incident Update

17 August 2026

Harmony announces plan to roll back blockchain to pre-attack checkpoints on August 11 (Shard 0: block 92,730,034; Shard 1: block 94,978,278), eliminating 109,000+ regular transactions and 315 staking transactions.

The Block / crypto.news

20 August 2026

Validators activate second stage of the rollback procedure.

CoinMarketCap AI News / CryptoRank

21 August 2026

Rollback reported complete. Both shards stable for 24+ hours with near-full signing participation, advancing from epoch 3002 to 3004.

CoinMarketCap Latest News
Provenance & Audit Trail

Decision Log

This investigation is cryptographically anchored to the Solana blockchain (3 events). 19 of 25 cited source URLs have an Internet Archive snapshot.

model: claude-sonnet-4-6

generated: 8/24/2026, 11:18:10 PM

last updated: 8/25/2026, 5:10:28 AM

3 views

avoid.net — verified advice for a post-truth world