Harmony Proposes Issuing ONE Tokens to Reimburse Victims of $100M Hack

Harmony Proposes Issuing ONE Tokens to Reimburse Victims of $100M Hack


“The Horizon bridge incident resulted in the loss of $99,340,030.00 worth of digital assets across approximately 65,000 wallets and 14 different asset types,” the developers said Wednesday in a proposal posted on the protocol’s governance forum. “The Harmony team feels it is important for the overall strength of the ecosystem that harms to impacted wallets are mitigated in a manner that is feasible and most viable for the project.”

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