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

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

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

 

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