Layer 1 Blockchain

Harmony’s ONE token fell about 26% in Asian morning trading after an apparent exploit created roughly 4 billion new tokens. The team said it is working with exchanges to freeze funds while preparing a software patch and considering rollback options.

POSCO International is working with LG CNS to tokenize live trade receivables on the Injective blockchain, using real commercial activity between overseas operations and counterparties. The pilot highlights how South Korean corporates are extending blockchain adoption from funds and stablecoin transfers into trade finance infrastructure.