Humanitys $36 million exploit tied to compromised laptop hosting a multisig wallet
News Source : CoinDesk
News Summary
- Humanity Protocol was hacked, with attackers able to steal more than $36 million of its H token.
- A compromised laptop held enough multisig keys to take over the project's bridges on two chains.
- Humanity raised $20 million from Pantera Capital and Jump Crypto last year at a $1.1 billion valuation.
- The project said it has halted deposits and withdrawals on the affected bridges and is working with exchanges and the police to recover funds..
- ZachXBT, a prominent onchain investigator, said the key compromise and a separate round of suspicious market-making in the token were not connected.
- He also raised questions about how the token traded in the weeks before the breach, ahead of a large scheduled token unlock.
Humanity Protocol explained how attackers were able to steal more than $36 million of its H token, and the cause was a serious lapse in how it secured its keys.
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