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Crypto.news reports Harmony plans to shut down its Layer 1 and move ONE to Ethereum

Crypto.news says Harmony reserved $1.37 million to compensate eligible validators.

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2 Sources, 24d ago, first seen 24d ago

TLDR

Crypto.news reported on September 7, 2026, that Harmony planned to shut down its Layer 1 blockchain and move its ONE token to Ethereum. The outlet said validators could begin turning off nodes from September 10, with $1.37 million reserved to compensate eligible validators.

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2 Sources, first seen 24d ago

42 likes7 comments3 saves10 reposts

Combined views

5.5K

2 Sources, first seen 24d ago

42 likes7 comments3 saves10 reposts

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2 Sources

@cryptodotnewsJUST IN: Harmony plans to shut down its Layer 1 and move $ONE to Ethereum Validators can start turning off nodes from September 10, and the team reserved $1.37 million to compensate eligible validators
@CryptoSlateHarmony rolled back its chain on Aug. 21 to keep it alive. Now it wants to shut the network down and move ONE to Ethereum. The proposal is still non-binding, but users are being told to exit smart contracts before Sept. 10 because those positions won’t migrate automatically. https://cryptoslate.com/a-seven-year-old-blockchain-is-permanently-abandoning-its-own-network-to-seek-refuge-on-ethereum/
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    2 Sources

    @cryptodotnewsJUST IN: Harmony plans to shut down its Layer 1 and move $ONE to Ethereum Validators can start turning off nodes from September 10, and the team reserved $1.37 million to compensate eligible validators
    @CryptoSlateHarmony rolled back its chain on Aug. 21 to keep it alive. Now it wants to shut the network down and move ONE to Ethereum. The proposal is still non-binding, but users are being told to exit smart contracts before Sept. 10 because those positions won’t migrate automatically. https://cryptoslate.com/a-seven-year-old-blockchain-is-permanently-abandoning-its-own-network-to-seek-refuge-on-ethereum/
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