Humanity Protocol Loses $30 Million in Security Breach; H Token Crashes 90%
By
Debashree Patra
A good honest bake. Not flashy, but you'll finish the whole bagel.
Summary
Humanity Protocol suffered a major security breach with losses exceeding $30 million, as on-chain analytics confirmed over 17 wallets holding H tokens were drained. The H token collapsed approximately 90% following the incident. The root cause of the breach has not been officially confirmed, and funds were traced to multiple suspected attacker addresses.
Key quotes
· 3 pulledHumanity Protocol has suffered a major security breach, with losses now exceeding $30 million according to on-chain analytics platform Lookonchain
more than 17 wallets holding H tokens had been drained, with initial loss estimates exceeding $19 million before the figure was revised higher
Funds were traced to multiple suspected attacker addresses. The root cause of the breach has not been officially confirmed
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