Close Menu
    Facebook X (Twitter) Instagram
    • Privacy Policy
    • Terms Of Service
    • Social Media Disclaimer
    • DMCA Compliance
    • Anti-Spam Policy
    Facebook X (Twitter) Instagram
    Fintech Fetch
    • Home
    • Crypto News
      • Bitcoin
      • Ethereum
      • Altcoins
      • Blockchain
      • DeFi
    • AI News
    • Stock News
    • Learn
      • AI for Beginners
      • AI Tips
      • Make Money with AI
    • Reviews
    • Tools
      • Best AI Tools
      • Crypto Market Cap List
      • Stock Market Overview
      • Market Heatmap
    • Contact
    Fintech Fetch
    Home»Crypto News»DeFi»Humanity Protocol to Prioritize Operational Security following $36M Hack
    Humanity Protocol to Prioritize Operational Security following $36M Hack
    DeFi

    Humanity Protocol to Prioritize Operational Security following $36M Hack

    July 14, 20263 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email
    synthesia

    rewrite this content and keep HTML tags as is. This is content from rss feed and I don’t need their *Daily Debrief Newsletter*, their tags from bottom like this *Share this articleCategoriesTags*, Editorial Process section, phrases like *Featured image from Peakpx, chart from Tradingview.com*, SPECIAL OFFERS and similar sections – just remove such sections and save only article itself:

    Humanity Protocol will refocus its cybersecurity efforts on operational security following a June $36 million exploit that was traced back to a compromised employee laptop, according to the founder of the decentralized identity company, Terence Kwok.

    In an interview with Cointelegraph, Kwok said that the exploit stemmed from last year’s mainnet launch, when several production keys were inadvertently backed up onto the laptop that was compromised, including admin hot wallet keys and a quorum of multisig owner keys across both chains.  He said:

    “The hard lesson here is that operational security is as critical as smart-contract security, and we’re rebuilding accordingly.”

    The exploit and Humanity Protocol’s action highlight an increase in cryptocurrency hackers refocusing their attacks on staff-level vulnerabilities and operational shortcomings, rather than exploiting smart contract code.

    Humanity Protocol was exploited last month, when a compromised employee’s laptop enabled attackers to steal $36 million in Humanity (H) tokens. The token’s current market cap is roughly $211 million, according to CoinMarketCap data.

    binance

    Blockchain security company Quantstamp said that the malicious attachment that was delivered through a phishing email pointed to the involvement of North Korea-linked threat actors. The malicious attachment was disguised as a token lockup schedule update from South Korean cryptocurrency exchange Bithumb and installed malware, giving attackers remote access to the machine.

    The phishing email that led to the Humanity Protocol compromise.Source: Quantstamp

    North Korea-linked threat actors were tied to at least $578 million of the $634 million stolen in crypto-related incidents in April alone. 

    Related: AI has not triggered DeFi ‘hackpocalypse,’ Dragonfly partner says

    Phishing and wallet compromises lead attack vectors in H1 2026

    The Humanity Protocol exploit occurred during a resurgence of cryptocurrency exploits that stemmed from operational failures and social engineering schemes.

    Phishing drove the majority of the first quarter losses for a total of $508 million, while wallet compromises emerged as the biggest attack vector in the second quarter, contributing $807 million in losses, according to blockchain security company CertiK.

    Monthly change in crypto exploit amounts and number of incidents across H1. Source: CertiK 

    To be sure, crypto losses to hacks fell 46.8% year-on-year to $1.32 billion in the first half of 2026, but CertiK said that the drop was misleading due to the $1.4 billion Bybit hack in early 2025 and stressed that North Korean malicious actors continue threatening the crypto industry.

    During the second quarter of 2026, more than 70% of the losses stemmed from the Drift Protocol and KelpDAO exploits, which were also widely attributed to North Korean state-sponsored hackers.

    Magazine: Does Botanix’s failure prove Bitcoiners don’t care about DeFi? 

    binance
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Fintech Fetch Editorial Team
    • Website

    Related Posts

    Coinbase Ventures Emerges as Leading Crypto VC in H1 2026

    Coinbase Ventures Emerges as Leading Crypto VC in H1 2026

    July 13, 2026
    Cointelegraph

    Oracle Exploit Drains $9M From Bonzo Lend on Hedera

    July 11, 2026
    Cointelegraph

    DeFi Holding up Unusually Well in Down Market: Bitwise

    July 10, 2026
    Cointelegraph

    Crypto Protocols Must Reaudit Old Smart Contracts, Experts Warn

    July 9, 2026
    Add A Comment

    Comments are closed.

    Join our email newsletter and get news & updates into your inbox for free.


    Privacy Policy

    Thanks! We sent confirmation message to your inbox.

    notion
    Latest Posts

    rewrite this title in other words: 10 Contract Management Practices to Streamline Legal Teams

    July 14, 2026
    Cointelegraph

    rewrite this title in other words: Cambridge Compares Ethereum Energy Use With PoS Networks

    July 14, 2026
    CoStar Group Promotes Robin Rossmann To CFO, Succeeding Christian Lown

    rewrite this title in other words: CoStar Group Promotes Robin Rossmann To CFO, Succeeding Christian Lown

    July 14, 2026
    ACRouter picks the smartest AI model per task, beating Opus-only setups by 2.6x on cost

    ACRouter picks the smartest AI model per task, beating Opus-only setups by 2.6x on cost

    July 14, 2026
    6 Profitable AI Businesses Anyone Can Start Without Coding || Make Money with AI  #BusinessIdeas

    6 Profitable AI Businesses Anyone Can Start Without Coding || Make Money with AI #BusinessIdeas

    July 14, 2026
    kraken
    LEGAL INFORMATION
    • Privacy Policy
    • Terms Of Service
    • Social Media Disclaimer
    • DMCA Compliance
    • Anti-Spam Policy
    Top Insights
    How to Create and Sell AI Tools as Digital Products | Earn Money Online

    How to Create and Sell AI Tools as Digital Products | Earn Money Online

    July 15, 2026
    Cointelegraph

    rewrite this title in other words: Bitcoin Trader Warns of ‘Lower High’ as $64,000 Returns on US CPI Drop

    July 14, 2026
    kraken
    Facebook X (Twitter) Instagram Pinterest
    © 2026 FintechFetch.com - All rights reserved.

    Type above and press Enter to search. Press Esc to cancel.