Humanity Protocol Loses $30M in Private Key Hack; H Token Plunges 85%
By
@cointelegraph
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Summary
Humanity Protocol, a blockchain identity project often called the "Chinese Worldcoin," suffered a security breach where private keys were compromised, leading to the theft of over $30 million in H tokens. The exploit caused the H token price to crash by 85%. Founder and CEO Terence Kwok confirmed the incident and advised users to avoid interacting with the bridge or liquidity pools until safety is restored. The team is working with security experts but has not disclosed further details.
Key quotes
· 2 pulledWe've detected a security incident involving the compromise of private keys belonging to a member of the Humanity Foundation.
Kwok advised users not to interact with the bridge or any liquidity pools until it has been deemed safe.
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