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Humanity Protocol Loses $31 Million in Private Key Compromise 


Humanity Protocol Loses $31 Million in Private Key Compromise 

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Humanity Protocol suffered a security breach after private keys belonging to a Humanity Foundation member were compromised, allowing attackers to drain 19 wallets and steal over $31 million while converting stolen H tokens into ETH. The H token plunged roughly 90% from intraday highs, the protocol says it is working with security experts and exchange partners, and the incident spotlights major security, custodial and liquidity risks for DeFi token holders and exchanges.

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  • Private key compromise drained 19 Humanity Protocol wallets, losing over $31 million.
  • Attackers converted H tokens into ETH as the token crashed 90% from intraday highs.
  • ZachXBT questioned Humanity’s pre-exploit token surge and trading practices.

Humanity Protocol has suffered a major security breach after private keys belonging to a member of the Humanity Foundation were compromised. More than 19 wallets have been drained for over $31 million, with the attacker actively converting stolen H tokens into Ethereum.

The protocol confirmed the incident and posted on X, “We have detected a security incident involving the compromise of private keys belonging to a member of the Humanity Foundation. We are already working with security experts and our exchange partners on resolution.”

The H token has crashed by approximately 90% from intraday highs, and at the time of wr…

Read The Full Article Humanity Protocol Loses $31 Million in Private Key Compromise  On Coin Edition.

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Coins

$ 1.79K

+2.65%

$ 0.0703

+1.75%

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