Humanitys $36 million exploit tied to compromised laptop hosting a multisig wallet

Image for article 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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