Humanity Protocol Loses $36 Million Due to Security Lapse
- Attackers stole over $36 million in H tokens after compromising an employee’s laptop.
- The breach involved a multisignature wallet where all keys were stored on a single device.
- The attacker gained control of three out of six keys on Ethereum, draining approximately 141 million H tokens.
- On BNB Chain, the attacker minted about 200 million new H tokens using compromised keys.
- Humanity has halted deposits and withdrawals on affected bridges and is working with exchanges to recover funds.
The incident highlights significant security vulnerabilities within decentralized finance projects, particularly regarding key management practices. Following the attack, the price of the H token fell from around $67 to as low as $5 before recovering slightly to about $20.
This exploit underscores the critical importance of securing private keys across multiple devices to prevent unauthorized access and potential financial loss. (Source)
