Humanity Protocol’s H token plunged 88% in 24 hours after a recent exploit. The altcoin dropped to an intraday low near $0.072.
The collapse marked H’s lowest level since mid-December 2025 and wiped out a rally that had carried the token to a record high the previous week.
On-chain analyst Specter flagged the attack, reporting that more than 17 wallets holding H had been drained. Early losses topped $5 million before reportedly rising to more than $30 million.
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Humanity(@Humanityprot) has been exploited, with losses exceeding $30M!The hacker is currently dumping $H and swapping it for $ETH.$H has already crashed ~90%.https://t.co/0Bhtu6TZDr pic.twitter.com/cNGO70PHDH
— Lookonchain (@lookonchain) June 9, 2026
Specter also published five theft addresses tied to the drains.
On-chain data showed the attacker offloading the stolen tokens. The stoken H was being sold and converted into Ethereum (ETH).
Terence Kwok, founder of Humanity Protocol, confirmed the incident publicly. He linked it to compromised private keys held by a member of the Humanity Foundation.
“We’ve detected a security incident involving the compromise of private keys belonging to a member of the Humanity Foundation. As a precaution, please do not interact with the bridge or any liquidity pools until we confirm it’s safe,” Kwok said.
The executive said the project is working with security experts and exchange partners to contain the damage. Meanwhile, he apologized to holders and promised regular updates.
“We’re deeply sorry that this has happened. Protecting this community is our responsibility, and we don’t take that lightly. We will share verified updates as soon as we have them, and we won’t speculate before facts are confirmed,” Humanity Protocol posted.
The breach landed weeks before a scheduled June 25 token unlock. How quickly Humanity secures its systems may shape how soon H stabilizes.
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