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MarketPublished by KAS Watch · September 08, 2026

Harmony proposes sunsetting Layer 1 and migrating ONE to Ethereum

Harmony has proposed shutting down its layer-1 blockchain and migrating the ONE token to Ethereum. The proposal follows a prior exploit that led to plans to discard 109,000 transactions.

Why it matters for the market

For Kaspa, broad layer-1 security incidents and network sunset proposals can influence cross-chain risk appetite and broader market sentiment, though direct operational impacts remain unconfirmed.

Original source

Cointelegraph
Source publication · September 07, 2026 · 1 verified source
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HarmonyLayer 1EthereumExploitMarket
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