Humanity Protocol’s H token has lost roughly 55% of its value over the past week, after attackers exploited a private key tied to a Humanity Foundation member.
Humanity Protocol Hack
The breach let hackers seize control of the project’s cross-chain bridge, drain about 141 million H from Ethereum, and mint another 200 million H on BNB Smart Chain after an attacker compromised three of six Gnosis Safe keys on Ethereum and three of five on BSC.
H crashed from highs near $0.73 to a low around $0.08 within 24 hours of the attack, an intraday drop of nearly 90%. The token has since clawed back some ground, trading closer to $0.18-$0.20, but it remains far below its pre-hack levels. In the recent week, it has lost another 55% in price.
Founder Terence Kwok confirmed the breach publicly and said the team had paused deposits and withdrawals to the affected bridges while working with exchanges and law enforcement. The Ethereum side of the contract was frozen using an unaffected multisig wallet, but the BNB Chain deployment is considered permanently compromised, since the attacker retains minting control there.
H Token Unlock Upcoming
On-chain investigator ZachXBT raised early doubts about the timing, pointing out that the hack landed just weeks before a scheduled token unlock and initially calling the incident “possibly staged.” He later softened that stance, though questions about the project’s market-making arrangements persist.
That unlock is now the next test. On June 25, Humanity Protocol is set to release about 266 million H, worth roughly $55 million, into circulation. With trust already shaken, any added supply could deepen the sell-off if buyers don’t step in.
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