Crypto news report · source clearly identified

Harmony developers propose voluntary shutdown amid AI‑driven security concerns

Developers want to voluntarily shut down the network, saying state actors and AI agents have made security too difficult, then redirect ONE emissions into an AI video business.

Harmony’s development team has announced a proposal to voluntarily cease operations of its blockchain. The move is driven by concerns that state‑backed actors and autonomous AI agents have created security challenges that the network can no longer manage.

Reason for the proposed shutdown

According to the developers, the increasing sophistication of threats from both nation‑state entities and AI‑powered tools has made it impractical to maintain a secure environment for Harmony’s users.

Planned reallocation of resources

The team intends to redirect the emission of the native token, ONE, toward a new venture focused on AI‑generated video content. This shift aims to repurpose the token’s utility in a domain perceived as less vulnerable to the identified security risks.

Source & attribution

News Source

Publisher
CoinDesk
Original date
September 7, 2026, 8:02 AM
Original headline
Once-hyped Ethereum rival Harmony wants to shut its blockchain over AI threats
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