Crypto News: Harmony under fire over recovery plan

[AJBot]

Community members have criticised Harmony’s proposal to mint $4.97 billion worth of its native token, ONE. The proposal reportedly emanated to assist the victims of last month’s horizon bridge security breach in recovering their funds. Recall that victims of the Horizon Bridge Hack endured over $100 million from the exploitation. Harmony, on Tuesday, hinted that about 65,000 wallets were affected by the exploitation, involving over 14 different virtual assets. Additionally, the prot ...

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