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Signal

Harmony proposes Layer 1 shutdown and ONE migration to Ethereum

Evidence first: scan the strongest sources, then decide whether to go deeper.

Published 2026-09-07 02:29 UTCUpdated 2026-09-07 16:18 UTC
rsstelegram
cryptoblockchainethereumtoken_migrationsmart_contracts
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Evidence trail (top sources)
top sources (3 domains)domains are deduped. counts indicate coverage, not truth.
3 top sources shown
The Block report on the Layer 1 sunset proposal
theblock.co · theblock.co · 2026-09-07 02:29 UTC
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Overview

Harmony is proposing to sunset its Layer 1 and migrate ONE to Ethereum, while redirecting the project toward an AI-video initiative. The team is urging users to exit smart contracts before September 10; the proposal follows a recent exploit and plans involving affected transactions.

Entities
HarmonyEthereumONE
Why now
  • Harmony is urging users to exit smart contracts before September 10.
  • The proposal follows a recent exploit and introduces a planned transition toward an AI-video initiative.
Why it matters
  • A Layer 1 shutdown could affect users, applications, and smart contracts on Harmony.
  • Migrating ONE to Ethereum would shift the token’s operating environment and ecosystem dependencies.
Evidence assessment
Recurring claims
  • Harmony has proposed shutting down its Layer 1 and migrating ONE to Ethereum.
  • The team is urging users to exit smart contracts before September 10 as it pursues an AI-video initiative.
How sources frame it
  • Harmony Team: neutral
Harmony’s proposal combines a Layer 1 sunset, migration of ONE to Ethereum, and a shift toward AI-video development.
All evidence
All evidence
Cointelegraph report on Harmony’s proposed migration
cointelegraph.com · cointelegraph.com · 2026-09-07 05:00 UTC
The Block report on the Layer 1 sunset proposal
theblock.co · theblock.co · 2026-09-07 02:29 UTC
Harmony Cites AI Threats in Proposed Blockchain Shutdown
decryptnews · decrypt.co · 2026-09-07 16:18 UTC
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Evidence items loaded: 0Publishers: 3Origin domains: 3Duplicates: -
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