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Harmony ONE still has not issued a plan or statement for the path forward.

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by COINS NEWS 151 Views

The team appears to be hiding from the fact that their negligence cost users around 100 million US dollars.

The only statement they have made is "We are working with their partners to understand how this has affected their customers", effectively trying to distance themselves from the effects of their own incompetence, while playing dumb about how users and investors have been affected.

There are literally suicidal people in their discord and they act like they don't get it.

This was a pretty big chain and their webpage still claims over 1 billion TVL while it is realistically closer to 40-50 million of languishing unpegged assets with no mention of a plan to re-peg or back them.

It appears they are hoping it will just go away while simultaneously flexing their Bored Apes on Twitter.

Is this what we can expect from "established" projects in the bear market?

What consequences should/will this team face for creating a centralized system and failing to secure it?

Update: They just released a "Harmony Weekly" and completely ignored that the hack happened: https://www.youtube.com/watch?v=iQfjSGFqkMc


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