Huma Finance's legacy V1 smart contract exploited, losing 101,400 USDC; current V2 system unaffected.

Huma Finance reported that its legacy V1 smart contract was exploited, resulting in a loss of approximately 101,400 USDC. The incident affected only the older V1 contract, while the current V2 system remains secure and was not impacted. Users who have only interacted with the V2 platform are safe, but those with exposure to the V1 contract should review their holdings and approvals. The project has not yet disclosed plans for reimbursement or recovery of stolen funds, and users are advised to monitor official updates and consider revoking permissions tied to the deprecated V1 contract to mitigate risks.