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Humanity Protocol hacked, losing $30M and causing H token to drop over 80% in 12 hours

Market News
09 Jun 2026
Coinpaper
View Source
Bearish
pluang ai news

Humanity Protocol, a decentralized identity project, suffered a major hack resulting in the theft of over $30 million in its native H token. The breach involved compromised private keys linked to a foundation member, causing the H token's price to plummet by about 85% within 12 hours. Founder Terence Kwok confirmed the incident and advised users to avoid using the protocol's bridge and liquidity pools while the team investigates. The stolen tokens were quickly sold on decentralized exchanges, intensifying the market crash. This event highlights ongoing security risks in crypto, especially related to private key compromises.

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