Harmony Rolls Back Chain History After Forged Tokens, While Aleo Launches Confidential Trading Solution

Harmony Rolls Back Chain History After Forged Tokens, While Aleo Launches Confidential Trading Solution

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Harmony is undergoing a significant chain rollback to August 11, aiming to eradicate billions of forged ONE tokens from its network. This drastic measure precedes a planned restart and impacts nearly a week of the chain's history. Concurrently, Provable Inc., the company behind Aleo and Shield Wallet, has announced Shield Swap, an early-access non-custodial trading venue designed for confidential transactions and compliance, catering to institutions, businesses, and government entities.

Harmony resets its chain to August 11 to wipe billions of forged ONE tokens as validators prepare the restart.

Provable Inc. (“Provable”), the company behind Shield Wallet and Aleo, backed by established investors in financial technology and cryptography, today announced Shield Swap, a non-custodial trading venue designed to protect sensitive financial information while supporting compliance. Beginning today, institutions, businesses, and government entities can request early access at shield.fi. Confidential positions. Verifiable markets. Public blockchains