Harmony Developers Propose Shutting Down Network Over AI Security Risks

Harmony developers are proposing a voluntary shutdown of the blockchain, citing growing security challenges linked to state actors and artificial intelligence agents, according to CoinDesk. The plan would end network operations and redirect ONE token emissions toward an AI video business. Harmony was once promoted as an Ethereum rival, but the proposal signals a major change in the project’s direction. The source material does not specify a shutdown date, the approval process, or how the transition would affect existing ONE holders and network activity. The proposal places the future of ONE at the center of the project’s restructuring, while also highlighting broader concerns about how increasingly capable AI systems could affect blockchain security. CoinDesk published its report on September 7, 2026.