Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
There is a flaw in the Harmony pledge contract, an error has resulted in the additional minting of nearly 150 million ONE coins

There is a flaw in the Harmony pledge contract, an error has resulted in the additional minting of nearly 150 million ONE coins

2024/01/16 00:26
ONE0.00%

According to DL News, a flaw exists in Harmony's staking contract, erroneously minting nearly 150 million ONE (approximately $2.2 million) and sending it to 79 user addresses. Aaron Li, who received some of the mistakenly minted tokens, reported this flaw to the team on December 7th and subsequently sold 16.4 million ONE ($260 thousand). Team engineer Gardiner accused Li of withholding information and delaying repairs. Currently, Li still holds some of the incorrectly minted tokens and plans to eventually destroy them to avoid affecting token supply.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Trending news

More
1
Tether issued an additional 1 billion USDT 3 hours ago.
2
Bloomberg Analyst: GDLC and Other New Crypto ETFs Show Strong First-Day Trading Performance, All Exceeding Market Average Trading Volume

Crypto prices

More
Bitcoin
Bitcoin
BTC
$115,671.57
-1.39%
Ethereum
Ethereum
ETH
$4,470.62
-2.87%
XRP
XRP
XRP
$2.99
-2.99%
Tether USDt
Tether USDt
USDT
$1
+0.02%
BNB
BNB
BNB
$985.5
+0.02%
Solana
Solana
SOL
$239.43
-3.34%
USDC
USDC
USDC
$0.9999
+0.02%
Dogecoin
Dogecoin
DOGE
$0.2665
-5.71%
TRON
TRON
TRX
$0.3439
-2.28%
Cardano
Cardano
ADA
$0.8945
-4.02%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter