Tag: harmony one

Sep 23 2022

Harmony Protocol Amends Recovery Plan After $100 Million Horizon Bridge Exploit

Summary: The team published an amended bridge recovery plan featuring 0% token mints and treasury vault deployment. A previous plan recommended forking the chain and minting more ONE tokens but the community voted against such a move. Recovery plans became a hot topic in the Harmony community after the protocol's Horizon bridge suffered a $100 million hack. On-chain security firm Elliptic tied the...

Aug 29 2022

How to Bridge Avalanche (AVAX) to Harmony (ONE)

Interoperability is one of the key factors in the crypto space. The ability to send tokens from one blockchain to another one is an important part of this. To achieve this, we use bridges, and they need to be safe. We are going to dig into cross-chain interoperability from Avalanche (AVAX) to the Harmony (One) chain. So, let's see how this works in...

The Latest Review of Harmony One

Back in late 2021, Harmony One burst out into the Layer 1 blockchain scene. With its low-cost decentralized applications (dApps) and fast transaction times, Harmony One was set up for success. Today, we recap what Harmony One is and how to buy its $ONE token, among other features. What is Harmony One? Simply put, Harmony One is an L1 smart...

Jul 28 2022

Harmony Team to Return to the Drawing Board After Plan to Mint Billions of ONE Causes a Stir in the Community

Summary: Harmony founder, Stephen Tse, has responded to community concerns over the recent reimbursement proposal involving the minting billions of ONE. Mr. Tse states that he has noted the community's suggestions and met with the team to discuss a way forward. The Harmony team will return to the drawing board to develop additional proposals. The team at Harmony (ONE) has announced via Twitter...

Jul 27 2022

Harmony Proposes Hard Fork, Minting of Billions of ONE to Make Hack Victims Whole

Summary: The Harmony Protocol team has proposed a reimbursement plan that involves hard-forking the chain. The plan involves two options: minting 4.97 billion ONE for full reimbursement or 2.48 billion ONE for 50% reimbursement. The minted ONE will then be distributed within three years. The team at Harmony protocol has proposed a reimbursement plan to make whole its community members affected by the...

Jun 26 2022

Harmony Protocol Offers $1M Bounty for the Return of Stolen Funds and Information on the Bridge Exploit

Summary: Harmony Protocol has offered a $1 million bounty for the return of the stolen funds from the hack of its Horizon bridge and for information on how it happened. Harmony Protocols' founder has so far identified compromised private keys as the most likely root cause of the exploit. The team at Harmony Protocol has offered a $1 million bounty for the return...

Jun 24 2022

Hacker Steals $100M From Harmony’s Horizon Bridge

Harmony Protocol’s Horizon Bridge has been hacked, with about $100 million stolen. The team has contacted authorities and shut down the bridge. This is not the first time that a bridge has been hacked this year, with Ronin and Wormhole both suffering very expensive hacks. Harmony Protocol’s Horizon bridge has been hacked, with the attacker making away approximately $100 million. The project announced...

Apr 08 2022

The 3 Latest Harmony Developments

Harmony (ONE) is currently in the limelight for all the right reasons in recent times. This layer 1 blockchain platform is set to create an enabling environment for creatives and builders in its ecosystem. Therefore, in this article, you will discover the latest news about the Harmony (ONE) ecosystem. These details include updates, new feature launches, partnerships, etc. 1\. Harmony ‘ONE to Earn’...

Mar 13 2022

Upcoming Crypto Events | Time Raiders IDO | March Week 3

In this new week, we expect several strategic updates to take place in the blockchain and cryptocurrency space. To keep our readers informed, we have compiled some of these top upcoming crypto events. We are looking at product launches, strategic updates, IDOs, hard fork events, etc. Let’s find out some more top upcoming crypto events. 1\. Theta Network Hard Fork Decentralized video streaming...

Nov 22 2021

Top Crypto Events | Swipechain Testnet Launch | Nov Week 4

The crypto space has continued to attract the attention of enthusiasts worldwide. Therefore, making fantastic progress and enjoying global awareness and adoption. Last week, we recorded a myriad of unique events, including Coingecko's much-anticipated GeckoCon NFT conference. In this article, you will discover the top upcoming crypto events we expect to occur this week. 1\. SwipeChain Testnet Set to go Live...

Nov 05 2021

TOP CRYPTO NEWS 11/05: BINANCE ENTERS METAVERSE

The market is trading sideways. But that is not stopping some Alts from pumping. Bitcoin falls to the 60k region. Meanwhile, Ethereum returns to 4400 dollars with the fear and greed index turning Greed. Enjoy your Top Crypto News for the day. 1)...

Oct 25 2021

Upcoming Crypto Events | ETH Altair Upgrade | Oct. Week 4

The blockchain and cryptocurrency space has continued to grow exponentially, with more people looking to invest in this nascent yet truly innovative space. We have compiled some of the top upcoming crypto events expected to take place this week. These top Upcoming Crypto Events include strategic partnerships, launches, upgrades, and updates. 1\. HarmonyONE Cross-Chain NFT Harmony has its sights on becoming a...

Oct 15 2021

Top Upcoming Crypto Events | Uniqly Marketplace | October Week 3

We expect to see more influx of users in the blockchain and cryptocurrency space. This is because global awareness of the advantages embedded in the blockchain and cryptocurrency space is on the rise. Also, to keep our readers informed, we have compiled details of some of the top upcoming crypto events expected to take place next week. We are looking at: strategic launches,...

Top Upcoming Crypto Events | Uniqly Marketplace | October Week 3

We expect to see more influx of users in the blockchain and cryptocurrency space. This is because global awareness of the advantages embedded in the blockchain and cryptocurrency space is on the rise. Also, to keep our readers informed, we have compiled details of some of the top upcoming crypto events expected to take place next week. We are looking at: strategic launches,...

Aug 08 2021

ONE Price Prediction

Aug 08 2021 Published at Altcoin Buzz under tags  harmony one one technical analysis

The network aims to innovate the way decentralized applications work by focusing on random state sharding, which allows creating blocks in seconds. Focusing on processing speed and validation, the Harmony mainnet aims to revolutionize block creation. By introducing the sharding process, the company reduced node validation times significantly. To ensure the protection of nodes and secure the validation process, Harmony introduced the...

Jul 16 2021

Top 10 DeFi Updates | July Week 2

The decentralized finance (DeFi) space continues to garner the attention of crypto enthusiasts worldwide with its strategic DeFi updates. DeFi updates run the gamut from top-notch partnerships to project launches, and everything in- between. To keep our readers informed, we’ve covered 10 of some of the most important DeFi updates of last week. 1 - PolkaCover and Nsure Partnership Decentralized new-gen...

Apr 20 2021

Top 10 DeFi Updates (04/12 – 04/18)

DeFi is definitely booming. More adoptions, partners, and investors are moving into the decentralized finance (DeFi) space. This article covers ten DeFi updates that took place last week. These DeFi updates include partnership announcements, project launches, etc. OpenOcean and BakerySwap Trading Campaign Popular Binance-backed CEX and DEX platform OpenOcean has launched a trading...

Apr 16 2021

Top Crypto News: 04/15

After making an all-time high of $64,804, Bitcoin underwent a correction and is now trading at $63,412. Meanwhile, the second-largest cryptocurrency, Ethereum, is making a new daily high and is trading close to...

Feb 06 2021

10 Reasons To Buy ONE (Harmony) In 2021

Feb 06 2021 Published at Altcoin Buzz under tags  altcoin projects harmony harmony one one

Harmony (ONE) is one of the most recent projects that's trying to unravel the issues of blockchain scalability. Harmony aims to create a fast and open network of nodes operated and governed by a large community. Additionally, Harmony has created an ecosystem for the end-to-end transfer of cryptocurrency by integrating the existing networks that allow you to convert your fiat currency into crypto...

Oct 01 2020

Harmony Building Trustless Bridges to Bitcoin and Ethereum

Harmony, a fast and open blockchain for decentralized apps, is aiming to connect blockchain to all people and any economy. Recently, it revealed its cross-chain pool and cross-exchange roadmap for the unification of the blockchains. According to the roadmap, Harmony will use a ground-breaking method to build a trustless bridge to the Bitcoin, Ethereum, and Binance chains. The...

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