Harmony said selectively restoring transactions could create inconsistent chain state, as Ravencoin faces a separate rollback dispute after an exploit. Harmony plans to roll back its blockchain to Aug. 11 following an exploit that created forged ONE tokens, discarding more than 109,000 transactions confirmed after its chosen checkpoint. The layer-1 network said Monday that validators would revert to blocks recorded at 11:25 pm UTC on Aug. 11. New blocks will be produced from the next heights using replacement databases. The discarded window includes 109,126 regular transactions and 315 staking transactions. Harmony said selectively restoring transactions was unsafe because balances, contract states, nonces and other conditions would differ on the replacement chain. Read more
Bitcoin confirmed a weekly candle close below its 200-week moving average, copying the 2022 bear-market as traders warn of further BTC price downside next. Bitcoin (BTC) is starting the new week at around $63,000, but bear-market history continues to repeat with weekly close below a key long-term trend line. Key points: Read more
Reuters reported that Binance supplied transaction records and identity documents later used in a terrorism-financing case against Yuri Belenkiy. Binance reportedly provided Russian authorities with transaction records and personal information belonging to a customer accused of financing terrorism via cryptocurrency donations to Ukrainian fundraising campaigns. Russian investigators used information supplied by Binance as evidence against IT specialist Yuri Belenkiy, who was detained in September 2025 and is awaiting trial in Russia, according to law enforcement documents reviewed by Reuters. Russia’s Investigative Committee alleged Belenkiy sent more than $700 in crypto between January 2023 and March 2024 to the Ukrainian military and a banned organization that Reuters identified as the group known at different times as the Azov Brigade and the Azov Regiment. Read more