Following a security incident, the on-chain estimated loss for Humanity Protocol has risen to over $30 million. In response to the news, the project's token H plunged by approximately 90% during trading, triggering a rapid surge in market selling pressure.
More than 17 wallets have been emptied.
On-chain analytics platform Lookonchain stated that the losses from this incident have exceeded $30 million. On-chain analyst Specter initially reported that assets from at least 17 wallets holding H tokens were drained, with an early estimate of losses exceeding $19 million; the figure was later revised upward.
The stolen funds have been traced to multiple suspected attacker addresses. As for the specific cause of the incident, the project team has not yet provided a final technical conclusion.
The project team confirms that the private key has been compromised.
Humanity Protocol posted on its official account that a private key held by a member of the Humanity Foundation has been compromised. The project team stated that the attacker is continuously selling H tokens and converting the proceeds into ETH, placing sustained selling pressure on the token's price.
The project team also reminds users not to interact with any bridging tools or liquidity pools until the risk warning is officially lifted, to avoid further exposure to risk.
The team collaborates with security agencies and trading platforms.
The project team states that they are working with security experts and exchanges to assess the full scope of the impact and strengthen affected systems.
The project team also reminds users that after a security incident, impersonated accounts and scam messages often appear. Official updates will only be released through the Humanity Protocol official account or co-founder Terence Kwok; they will never initiate direct messages to users or request seed phrases or private keys.
The impact of this incident on the secondary market was direct. In addition to the attacker continuously selling the stolen tokens, concentrated selling by token holders further intensified the downward pressure on H tokens.