Humanity Protocol Token Jumps 44% in Post-Exploit Relief Rally

Source Beincrypto

Humanity Protocol’s H token surged as much as 44% in 24 hours, ranking among the day’s top gainers. The rebound claws back part of last week’s crash, which wiped roughly $1 billion from its market value.

The recovery gained pace after the team published a full post-mortem on the June 8 breach. Humanity also said a recovery plan for affected holders is underway.

Humanity Protocol Breaks Down the $36 Million Exploit

Attackers compromised private keys that had been backed up to a malware-infected developer machine, according to Humanity Protocol’s post-mortem. The device contained the admin hot wallet private key and Safe signers across Ethereum and BNB Smart Chain.

The breach unfolded between June 8 and June 9. Attackers stole roughly 147 million H tokens and minted an additional 300 million H on BSC, for a total impact of about 447 million H tokens. The incident triggered a sharp sell-off that wiped more than 80% off the token’s value within hours.

“We are still determining the full root cause of how the device was compromised and the exact timeline of when the attacker gained access. We have engaged external security experts to conduct a forensic investigation of the compromised devices.  We will share further findings with the community as the investigation progresses,” the post read.

In response, Humanity is offering a $1 million Tether (USDT) bounty for actionable intelligence on recovery. The team also launched a live tracker of exploiter addresses, shared with exchanges and aggregators. It pledged to direct any recovered funds toward token buybacks.

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However, risks persist. Humanity Protocol said the attacker retains control of the ProxyAdmin on the ERC-BSC bridge and the BSC token, leaving the network exposed to further mints.

The warning lands two weeks before a scheduled token unlock on June 25. That event could add fresh supply pressure to an already fragile market.

Meanwhile, price data shows H trading near $0.227, up nearly 44% in the past 24 hours. The token remains down around 60% on the week. It also sits 74% below its June 2 all-time high of $0.844.

Humanity Protocol Token Price Performance.Humanity Protocol Token Price Performance. Source: BeInCrypto Markets

Whether the rebound holds may depend on the visible progress of recovery before the unlock adds new supply.

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Disclaimer: For information purposes only. Past performance is not indicative of future results.
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