CoinDesk·3 min read·hard

Bitcoin holds near $64,000 as U.S. inflation data looms, Harmony exploit rattles altcoins

O
Oliver Knight
Bitcoin holds near $64,000 as U.S. inflation data looms, Harmony exploit rattles altcoins
AI Summary

Bitcoin prices remain stable near $64,000 as investors await U.S. inflation data, despite a significant exploit on the Harmony blockchain. The Harmony network suffered a loss of 4 billion ONE tokens, causing a sharp decline in the token's value.

Harmony, a layer-1 blockchain network for DeFi protocols and marketplaces. confirmed it had been hit by an exploit early in the Asian day. An attacker minted some 4 billion ONE tokens through empty blocks, representing about 26% of the token's circulating supply.

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