
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.