Investment
Features
FeesSafety
Academy
More
Pluang+

Harmony to shut down its network and move ONE token to Ethereum by Sept. 10

Protocol Fundamentals
07 Sep 2026
Crypto Briefing
View Source
Neutral
Harmony to shut down its network and move ONE token to Ethereum by Sept. 10

Harmony announced plans to shut down its own blockchain network due to increasing threats from state actors and AI agents, transitioning its ONE token to the Ethereum network. Validators can stop running nodes from Sept. 10 and will be compensated for lost emission rewards with about $1.4 million allocated for this purpose. ONE token holders will receive an airdrop of equivalent tokens on Ethereum, while the total supply and emission rate of ONE will remain unchanged. The project also offers validators opportunities to participate in governance and a new AI video economy initiative.

More News

Analysts cut Vale price targets amid iron ore market uncertainty and rising costs.

Analysts cut Vale price targets amid iron ore market uncertainty and rising costs.

Several analysts including Morgan Stanley, Scotiabank, and Wells Fargo have lowered their price targets for Vale due to rising all-in costs and volatile iron ore prices. Despite the stock trading below these new targets, indicating potential upside, ...

Analyst Insights
Bearish
2 hours ago
Hormel Foods price target cut to $23 amid hopes for valuation rebound despite 50% share drop.

Hormel Foods price target cut to $23 amid hopes for valuation rebound despite 50% share drop.

BNP Paribas lowered Hormel Foods' price target from $26 to $23, indicating a potential 16.2% upside from its current price of around $19.80. Despite a 50.5% decline in its share price over five years, Hormel Foods remains attractive for dividend inve...

Analyst Insights
Neutral
3 hours ago
Barclays rates Becton Dickinson 'Underweight' amid $3B U.S. manufacturing partnership

Barclays rates Becton Dickinson 'Underweight' amid $3B U.S. manufacturing partnership

Barclays initiated coverage of Becton, Dickinson and Company (BDX) with an "Underweight" rating, indicating a cautious outlook for the medical technology stock. BDX is partnering with the U.S. government to boost domestic manufacturing and strengthen...

Market News
Bearish
4 hours ago
Africa's Bitcoin projects trimmed to 180 active listings across 23 countries after Q3 growth and cleanup

Africa's Bitcoin projects trimmed to 180 active listings across 23 countries after Q3 growth and cleanup

Africa's Bitcoin ecosystem now features 180 verified projects across 23 countries, following a cleanup after a record Q3 2026. The Live African Bitcoin Directory, maintained by African Bitcoiners, initially recorded 189 projects but removed 11 inacti...

Protocol Fundamentals
Bullish
4 hours ago
LAPTOP crypto token crashes 98% due to sniper bots and low liquidity after launch

LAPTOP crypto token crashes 98% due to sniper bots and low liquidity after launch

The LAPTOP cryptocurrency token experienced a dramatic price drop of up to 98% shortly after launching at $0.05. The development team attributed this sudden collapse to the impact of sniper bots and thin liquidity in the market. This sharp decline hi...

Market News
Bearish
4 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App