Humanity Protocol's H Token Plummets 90% After $32M Security Breach

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Humanity Protocol’s H token fell nearly 90% after a $32 million security breach that exposed private keys and drained at least 17 wallets. The token dropped from $0.68 to $0.079 as attackers dumped H tokens and swapped the value into ETH and BNB. A hacker minted 100 million H tokens on BNB Chain, adding $11.4 million in new supply. The attacker has withdrawn 18,510 ETH ($30.83 million) and 1,548 BNB ($924,000), while holding 111 million H ($14 million). The breach came from a compromised Humanity Foundation member’s keys. Users are warned to avoid the bridge and liquidity pools. Amid the chaos, ETH price remains under close watch as part of broader altcoins to watch in the wake of the incident.

Humanity Protocol’s H token tumbled nearly 90% after a major security breach exposed private keys connected to the project, allowing attackers to drain more than $30 million from at least 17 wallets.

H crashed from $0.68 to as low as $0.079 after the incident surfaced, according to CoinGecko data. The token later recovered to about $0.12, though it remained down 85% over the past 24 hours.

After Humanity Protocol was exploited for more than $30 million, the attacker began dumping H and converting proceeds into ETH, according to on-chain analysts.

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Investigators then identified the minting of 100 million H tokens on BNB Chain, adding an estimated $11.4 million in fresh supply and fueling concerns about additional downside pressure.

Those fears intensified when another 100 million H was minted. By then, the attacker had already realized approximately 18,510 ETH ($30.83 million) and 1,548 BNB ($924,000) through the sales of H.

The exploiter still controls around 111 million H, worth approximately $14 million, although on-chain liquidity is now close to being depleted.

Humanity Protocol confirmed that the attack resulted from compromised private keys belonging to a member of the Humanity Foundation. Founder Terence Kwok acknowledged the breach and said the team is responding with external security and exchange partners.

Users have been advised to avoid the protocol bridge and liquidity pools until further notice.

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