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Humanity Protocol Token Plummets Over 80% Following $32 Million Key Hack

The H token of Humanity Protocol has plummeted over 80% after a hack led to the theft of $32 million in assets from multiple wallets.

Mercation Admin
June 9, 2026 1 min read
Humanity Protocol Token Plummets Over 80% Following $32 Million Key Hack

Security Breach Leads to Significant Losses for Humanity Protocol

The Humanity Protocol's H token has suffered a staggering decline of over 80% following a security breach that exposed private keys belonging to a foundation member. This incident resulted in the loss of more than $32 million from at least 17 wallets.

The hacker has been actively converting the stolen H tokens into ether and has minted an additional 100 million tokens on the BNB Chain, exacerbating selling pressure. The token's price plummeted from approximately $0.67 to around $0.13, with a low point dipping to $0.05 during trading.

Terence Kwok, the founder of Humanity Protocol, confirmed the breach, urging users to refrain from using the project's bridge and liquidity pools as they work with security firms and exchanges to mitigate the damage. This incident is part of a worrying trend in 2026, where major crypto thefts have predominantly involved compromised private keys rather than weaknesses in underlying code.

Humanity Protocol aims to provide decentralized identity solutions using palm-scan technology and zero-knowledge cryptography, positioning itself as a competitor to other identity verification solutions like Worldcoin. As the market reacts to this breach, the H token continues to trade around $0.13, reflecting a significant loss for investors as the theft unfolds.