Harmony to Reimburse the Community by Minting 4.97B Tokens, Creating Controversy

Harmony lost $100 million in Ether due to the bridge exploit one month ago. However, the Harmony to reimburse 4.97 billion drives a backlash. The Harmony developers have begun considering compensating...

Backlash as Harmony proposes minting 4.97B tokens to reimburse victims

The team behind the Harmony blockchain project has proposed the minting of up to 4.97 billion worth of its native token ONE to compensate victims of the $100 million Horizon Bridge hack in June.  The ...