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Harmony to shut down its blockchain and migrate ONE tokens to Ethereum ERC-20 by September 10, 2026.

Protocol Fundamentals
07 Sep 2026
CryptoTicker
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Bearish
Harmony to shut down its blockchain and migrate ONE tokens to Ethereum ERC-20 by September 10, 2026.

Harmony announced it will shut down its mainnet on September 9-10, 2026, migrating its ONE token to Ethereum as an ERC-20 token. This follows a major security breach in August 2026 that compromised the network's consensus layer, leading to a rollback and loss of market value. Token holders must withdraw assets from smart contracts like liquidity pools and multisig wallets before the deadline, as these will not migrate. Balances in regular wallets and exchanges will be automatically credited on Ethereum. Delegated stakes and rewards will move to governance treasuries unless undelegated before the cut-off. Users should check exchange notices and act promptly to avoid losses.

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