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Harmony

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Harmony mint exploit wipes 40% off ONE, but Bitcoin holds near $64,000 with U.S. CPI in view

The Harmony blockchain experienced an exploit resulting in the minting of approximately 4 billion ONE tokens, causing the token's value to drop by 40%. Despite this significant event, Bitcoin's price remained stable near $64,000, indicating the market's focus on upcoming U.S. CPI data and broader economic factors rather than the Harmony incident. The exploit's limited impact on Bitcoin suggests a compartmentalization of risk within the cryptocurrency market.