News

Humanity Protocol suffered a $36 million bridge attack after multisig keys were reportedly backed up to a compromised laptop during setup, according to co-founder Terence Kwok. The breach exposed a critical operational security failure in the project's key management process. No recovery details or remediation timeline were disclosed in the report.

Humanity Protocol suffered a $36 million exploit linked to a compromised laptop that hosted a multisig wallet, according to CoinDesk. The breach exposed a critical security vulnerability in the project's key management infrastructure. No details on fund recovery or suspect identification were provided in the report.

The Humanity Protocol's native token has dropped approximately 85% after a private key compromise affecting a Humanity Foundation member resulted in the theft of at least $30 million worth of tokens. The exploit is attributed to unauthorized access to private keys rather than a smart contract vulnerability. No major centralized exchange-listed tickers are explicitly mentioned in the article.

Diana Shipping has announced it is narrowing its proxy fight against Genco Shipping & Trading, now targeting only two board director seats instead of a broader slate. The move signals a scaled-back but ongoing activist campaign by Diana Shipping to gain board representation at Genco. No financial terms or settlement have been disclosed.

Onchain investigator ZachXBT alleged that EdgeX insiders controlled nearly the entire token supply, leaving only a thin float available to the public, which he claims caused the token's crash. EdgeX attributed the price collapse to an "external party" rather than insider activity. The conflicting accounts have drawn scrutiny to the decentralized exchange's token distribution practices.

Nearly 1,000 UAW workers at a Michigan supplier plant that manufactures parts for General Motors pickup trucks walked off the job Monday after failing to reach a new contract agreement. The strike threatens production of GM's truck lineup, which is a key revenue driver for the automaker. No timeline for resumed negotiations has been reported.

The hacker behind the Kelp DAO exploit has laundered approximately $220 million in stolen funds in an effort to make them untraceable. A separate $71 million was frozen by Arbitrum's Security Council and remains unrecovered. Recovery prospects for the laundered portion are now considered largely diminished.

Gnosis Pay is experiencing an active exploit targeting its delay module, exposing user funds to potential loss. Co-founder Martin Köppelmann initially urged users to withdraw funds before walking back the warning. The team has pledged to refund affected users.

The CFTC is seeking to reverse a previously settled complaint against Gemini, the cryptocurrency exchange. The regulator alleges the original settlement, filed under the Biden administration, was based heavily on a whistleblower's claims that Gemini artificially inflated trading activity to misrepresent user demand. The move signals renewed regulatory scrutiny of Gemini's historical trading practices.

The U.S. Commodity Futures Trading Commission (CFTC) has filed a request to vacate a prior settlement with Gemini, stating it no longer considers the agreement fair. The move signals a shift in the regulator's stance toward the crypto exchange and could reopen legal proceedings. No new penalty terms have been disclosed at this stage.

A security exploit on StakeDAO allowed an attacker to mint 5.4 trillion vsdCRV tokens, but the attacker was only able to extract approximately $91,000 in value, bridging 43.7 ETH to Ethereum. Blockchain security firm PeckShield and analyst EmberCN noted that the vast majority of minted tokens could not be sold due to insufficient liquidity. The incident highlights a smart contract vulnerability in StakeDAO's vsdCRV token mechanism.

StablR, a stablecoin issuer, froze its USDR and EURR tokens after an attacker exploited a vulnerability to mint approximately $13.5 million in unbacked tokens. The company halted operations on both stablecoins to contain the breach and prevent further unauthorized issuance. The incident raises questions about the integrity of StablR's smart contract infrastructure and the backing of its circulating supply.

The Wall Street Journal published a report alleging $850 million in Iran-linked transactions flowed through Binance to the Islamic Revolutionary Guard Corps (IRGC). Binance CEO Richard Teng publicly denied the allegations. The report raises potential sanctions-compliance concerns for the crypto exchange, which has previously faced regulatory scrutiny.