Harmony Plans Blockchain Shutdown Amid AI Threats
- Harmony proposes to shut down its blockchain due to threats from AI agents and state actors.
- The team plans to migrate the ONE token to Ethereum and redirect emissions toward an AI video initiative.
- Users are advised to exit smart contracts by September 10, with a final shutdown planned for Sunday.
- A $1.372 million pool is proposed for eligible validators over four quarterly installments.
- In August, Harmony faced an exploit where roughly four billion unauthorized ONE tokens were created.
Harmony’s decision highlights increasing security concerns in the cryptocurrency industry, driven by advanced AI models like Anthropic’s Claude Mythos and OpenAI’s GPT-6 Astra. The proposed migration of the ONE token to Ethereum aims to mitigate these risks while funding a new AI video ecosystem.
The move underscores the growing role of AI in crypto security, as seen in recent attacks on blockchain networks like Harmony’s own exploit incident in August. Source
