Jun 9
Humanity Protocol’s H token crashes nearly 90% after attackers steal private keys and drain $32 million
➤ Humanity Protocol's H token experienced a nearly 90% crash after a security breach led to the theft of over $30 million due to compromised private keys. ➤ Attackers drained funds, dumped H tokens, and minted new supply, raising concerns about further price depreciation, though on-chain liquidity is now nearly depleted. ➤ Crypto sleuth ZachXBT cast doubt on the official explanation, suggesting the incident might have been staged for a market maker to exit positions, though later analysis indicated the exploit and market maker activity were separate.