ONE rolls back Harmony chain to erase 3T forged tokens
Rolling back a top-50 Layer 1 to erase a 3 trillion ONE forge has almost no precedent. The cross-shard verification flaw is patched; the open question is whether rewritten history is safer than…
CROSS is a gaming-focused Layer 1 blockchain designed to deliver high-performance infrastructure for on-chain games. It operates with full EVM compatibility, allowing developers familiar with Ethereum tooling to build and deploy within its ecosystem. The network provides a modular toolkit for game studios, including software development kits, a decentralized exchange, a cross-chain bridge, and a native wallet. The CROSS token functions as the primary utility asset of the network. It is used to pay gas fees for transactions, participate in network governance decisions, and support staking activities. The token has a fixed supply with no future minting. The project falls within the broader BNB Chain Ecosystem and is positioned as a smart contract platform tailored for GameFi applications. Its mainnet and accompanying wallet infrastructure are already operational, and the team is actively onboarding game projects. CROSS aims to address scalability and usability gaps in Web3 gaming by combining the throughput required for mainstream game experiences with the decentralized ownership and economic models enabled by blockchain technology.
Rolling back a top-50 Layer 1 to erase a 3 trillion ONE forge has almost no precedent. The cross-shard verification flaw is patched; the open question is whether rewritten history is safer than…
Second major breach in three years, after the $100M Horizon bridge heist linked to North Korean hackers. The bigger question is whether a rollback restores trust or deepens the credibility hit.
A rollback on a major L1 would test whether on-chain accountability trumps immutability and could set a precedent for similar bridge and minting exploits.
About 26% of ONE's circulating supply minted from thin air is the structural blow; the rest of the market is coiled ahead of July U.S. CPI at 12:30 UTC that could reset the risk-asset tone.
A successful rollback on a major chain would reset a question most networks never had to answer: who eats the loss when the bridge mints in error?
The 4B figure is ~27x larger than Harmony's 2023 staking bug and lands on the base layer rather than a bridge, with the rollback trade-off now the structural question for the next base-layer…
CROSS is a gaming-optimized Layer 1 blockchain with full EVM compatibility.
ONEchain (ONE) is categorised as: Smart Contract Platform, Gaming (GameFi), BNB Chain Ecosystem.
The official ONEchain site is https://www.ogfcorp.com/.
Most recent ONEchain coverage: "ONE rolls back Harmony chain to erase 3T forged tokens" — read at /en-US/a/one-rolls-back-harmony-chain-to-erase-3t-forged-tokens.