Home Humanity Protocol Token Falls 80% After Shocking $32M Hack

Humanity Protocol Token Falls 80% After Shocking $32M Hack

Share
Humanity Protocol Token Falls 80% After Shocking $32M Hack
News
Share
  • Humanity Protocol’s $H token crashed more than 80% after attackers compromised project-linked private keys and stole over $32 million in crypto assets.
  • The stolen funds came from 17 wallets tied to Humanity Protocol, making it one of the most significant crypto security incidents of 2026.
  • Blockchain data shows attackers sold stolen $H tokens for Ether and minted an additional 100 million $H tokens on BNB Chain, increasing selling pressure.

Humanity Protocol is a decentralized digital identity network designed to verify that an individual is a real person without requiring them to disclose sensitive personal information. The protocol combines palm-scan biometrics with zero-knowledge cryptography to create a privacy-focused Proof of Humanity system.

Humanity Protocol’s $H token fell more than 80% on Tuesday after attackers stole the project’s private keys and drained more than $30 million, the latest in a year of crypto thefts that target keys rather than code.

Humanity Protocol Token Falls 80% After Shocking $32M Hack

Source: TradingView

At the time of writing, Humanity Protocol’s $H token was trading at $0.186, up 87.44% over the past 24 hours. According to on-chain data, some 17 wallets connected to the project were emptied, with losses exceeding $32 million and continuing to rise.

$H Token Plunges 90% In Hours

Blockchain data indicates that the criminal has been selling the stolen $H for ether and minted an additional 100 million $H, valued at about $11 million, on the BNB Chain, indicating further selling pressure to come. $H token plunged nearly 90% during the day, dropping from around $0.67 to a low of $0.05 before recovering to trade near $0.13.

Terence Kwok, the creator of Humanity, confirmed the incident, stating that hackers had gained access to a member of the Humanity Foundation’s private keys, secret codes that govern cryptocurrency wallets.

The project stated that it was collaborating with exchange partners and security organizations and asked users to refrain from interacting with its liquidity pools and bridge, the mechanism that transfers tokens across blockchains, until the problem was resolved.

Inside The $32M Humanity Protocol Hack

In an attempt to compete with Sam Altman’s Worldcoin, Humanity Protocol is a decentralized identity project that employs zero-knowledge cryptography and palm-scan biometrics to enable users to demonstrate their humanity without disclosing personal information.

The hack is in line with the prevailing trend of 2026, where the largest losses have been caused by stolen keys rather than defective programming.

In April, Kelp DAO lost over $292 million due to a single-validator bridge, and Solana exchange Drift lost approximately $285 million as a result of attackers acquiring an administrative key.

 

Stay informed with the latest trends in Web3, blockchain innovation, and cybersecurity updates at 3verseTV

 

Share

Leave a comment

Leave a Reply

Latest News

Block Stock Jumps 8% After Q3 Earnings Beat, But $764M DOJ Settlement Looms
News

Block Stock Jumps 8% After Q3 Earnings Beat, But $764M DOJ Settlement Looms

Block stock surged in after-hours trading after the company beat analysts’ Q3 earnings estimates. Adjusted EPS reached $1.13, beating expectations of $1.03,...

Stellar Bell Upgrade Goes Live On Testnet: 3 Key Changes Ahead Of November 23 Vote
News

Stellar Bell Upgrade Goes Live On Testnet: 3 Key Changes Ahead Of November 23 Vote

Stellar activated its Protocol 30 Bell upgrade on testnet ahead of a November 23 mainnet vote. CAP-84 enables customer-specific identifiers for scalable...

France Delays 2027 Budget Vote As Crypto Exit Tax Proposals Fail
News

France Delays 2027 Budget Vote As Crypto Exit Tax Proposals Fail

France postponed its 2027 budget vote for the second time, with 758 amendments pending. Lawmakers rejected two crypto exit tax proposals targeting...

THORChain Resumes Bitcoin & Ethereum Swaps With v3.21.1 Update After Ethereum Reorg Triggers Halt
News

THORChain Resumes Bitcoin & Ethereum Swaps With v3.21.1 Update After Ethereuorg Triggers Haltm Re

THORChain resumed Bitcoin and Ethereum swaps after 101 of 111 nodes upgraded to v3.21.1; trading is live on 10 of 13 external...

Related Articles

Best Crypto Trading Bots In 2026

Running a crypto trading strategy manually can be challenging when markets are...

Reasons Why The U.S. Tops AI Agent Commerce

The concept of agentic commerce where agents can purchase digital services and...

Do You Need A Cryptocurrency Trading Bot?

The crypto market never closes. Bitcoin can move while you are sleeping,...

How To Use Dexscreener To Find Crypto Gems

If you have ever looked at a new crypto token and wondered...