Harmony Tracks Fraud-Minted Tokens to 409 Wallets; Rollback Emerges as Preferred Fix

Harmony Tracks Fraud-Minted Tokens to 409 Wallets; Rollback Emerges as Preferred Fix

N
News Editor
2026-08-12 10:39:50
Harmony has identified 409 wallets that received fraudulently minted tokens via 10,288 transfers, and alerted partner exchanges, which blocked hacker-linked wallets. It says 53% of validators have installed an emergency patch released four hours ago. A rollback is looking like the favored fix, with more details expected shortly.

Harmony has traced fraudulently minted tokens to 409 wallets across 10,288 transfers, according to its monitoring update. The team has alerted partner exchanges to hundreds of suspicious deposits, and the exchanges have blocked the hacker-controlled wallets.

So far, 53% of validators have completed the emergency patch upgrade that was released four hours ago. The team is working on a remediation plan; a rollback currently appears to be the preferred option. More details are expected within the next few hours.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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