Humanity Protocol's H Token Plunges 90% After $32 Million Key Theft
Updated
Updated · CoinDesk · Jun 9
Humanity Protocol's H Token Plunges 90% After $32 Million Key Theft
3 articles · Updated · CoinDesk · Jun 9
Summary
$32 million was drained from about 17 wallets after attackers stole a Humanity Foundation member's private keys, sending H from roughly $0.67 to as low as $0.05.
100 million newly minted H tokens on BNB Chain—worth about $11 million—point to more selling pressure, with the attacker still swapping stolen tokens for ether and the theft ongoing.
Humanity told users to avoid its bridge and liquidity pools while it works with security firms and exchanges to contain the breach.
The hack lands in a broader risk-off crypto market: bitcoin held near $62,600 despite Strategy's $101 million BTC purchase, while derivatives positioning stayed cautious ahead of U.S. CPI data and next week's Fed meeting.
Key thefts rather than code exploits have defined many 2026 crypto attacks, including April losses at Drift and Kelp DAO.