$H

An employee’s laptop got hacked, exposing multisig keys. Attackers took over bridge admin controls, drained ~141M H, and minted 200M extra H tokens — stealing $36M total. Not a code bug — a security/key-management failure.

📊 Quick Analysis

Crash: $0.73 → $0.052 (-89%) on hack news + dilution from extra minting

Bounce: Now ~$0.174, RSI(7) recovering (56) = oversold relief bounce

But RSI(14/24) still under 40 = broader trend still bearish

Bridges halted, team working on recovery — limits further damage but trust is broken

This looks like a dead-cat bounce, not a confirmed reversal. High risk — trade small or wait for confirmation.