Humanity Protocol Suffers $32 Million Private Key Breach, Token Price Plummets 85%

Humanity Protocol Suffers $32 Million Private Key Breach, Token Price Plummets 85%

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The decentralized identity project, Humanity Protocol, experienced a severe security incident where hackers drained $32,000,000 after compromising an employee's laptop storing private keys. This breach led to an 85% crash in the price of the project's native crypto asset.

The price of Humanity Protocol’s crypto asset crashed following a major security incident that targeted the decentralized identity project. According to Humanity, hackers drained wallets holding the project’s H tokens after an employee’s laptop storing private keys for interchain transfers was compromised with malware.  “The attack was made possible entirely by key compromise resulting from […]

The post Humanity Protocol Crashes 85% in Just Hours After Hackers Drain $32,000,000 in Private Keys Breach appeared first on The Daily Hodl.