Harmony plans to shut down its network, ONE token will be migrated to Ethereum

The number of injective pledged INR tokens has reached a historic high, with over 58.8 million tokens locked on the chain. （Cointelegraph）

The British Prime Minister had a phone call with US President Trump to discuss the economy, the situation in Ukraine, and the Middle East issue. The British Prime Minister congratulated Trump on his performance on US employment data and stated that there are signs of economic growth in the UK. Both sides agreed to continue seeking a ceasefire on the Ukrainian issue to avoid casualties, and the British Prime Minister reiterated his support for peace talks led by Ukraine and the United States. On the Middle East issue, the British Prime Minister stated that the UK is committed to regional peace and security, called for the implementation of the two-state solution, reopened the Strait of Hormuz, and emphasized that Iran must not acquire nuclear weapons.

The Hunter Biden related Meme coin LAPTOP will be launched on Base on September 9th, with a total of 1 billion coins, of which 800 million are controlled by the same group of multiple signatures, and the tokens are highly concentrated. The lock up and destruction mechanism promoted on the project's official website has not yet been included in the contract, and the top 5 addresses account for approximately 99.85% of the holdings, indicating a high level of risk.

According to Bitcoin News on X platform, the CFTC has requested the Washington D.C. court to dismiss CME's lawsuit against Kalshi Bitcoin perpetual futures. The cash settled BTCPERP by Kalshi was approved on May 29th, with no expiration date and using funding rates to track spot prices. CME believes that contracts without delivery dates and continuous payments belong to swaps rather than futures; The CFTC called the matter a "mountain out of a molehill" and pointed out that CME can also list similar products, and the trading volume of CME Bitcoin futures in June and August was higher than that in May. CME needs to submit a response before October 2nd.

The Layer-1 blockchain project Harmony plans to terminate the Harmony network, and users need to exit the smart contract before September 10, 2026. Harmony plans to migrate ONE to Ethereum and airdrop alternative tokens to Ethereum addresses based on the final block balance. Harmony plans to pay funds to eligible validators and principals in four quarters from a pool of $1.372 million, and the release of ONE tokens will be used for The Remix Economy for AI Video program. （Decrypt）