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Humanity Protocol’s H token crashed Tuesday after attackers compromised private keys tied to a Humanity Foundation member and drained project-linked wallets. H fell from about $0.70 to near $0.08 in roughly 12 hours after the private-key breach.
The move wiped out most of its recent AI-identity rally. The team warned users not to interact with its bridge or liquidity pools until safety is confirmed. Founder Terence Kwok said Humanity is working with security experts and exchange partners on the response.
17 Wallets Hit as Losses Top $30M
On-chain trackers said at least 17 wallets holding H were affected. Early loss estimates were near $5 million before the total rose above $30 million.
The total reached about $32 million and continued to rise as the attackers sold tokens. The stolen H was swapped through decentralized exchanges including Kyber Network and PancakeSwap.
Attacker Swaps Stolen H Into ETH
Arkham Intelligence reported that the exploiter was converting H into ETH. That added direct sell pressure while liquidity was already breaking down.
The selling accelerated the drop in H as traders exited positions and market depth thinned. H traded more than 85% below its all-time high, with 24-hour trading volume exceeding $610 million during the selloff.
100M H Minted on BNB Chain
The incident did not stop with drained wallets. The attacker also minted another 100 million H on BNB Chain, valued at roughly $11 million at the time.
That created another possible source of selling and added pressure to a market already reacting to the wallet drain and token swaps.
Bridge and Pools Remain Under Warning
Humanity’s warning focused on its bridge and liquidity pools, not on a full network halt. Kwok has not yet explained how the private keys were exposed, which foundation member was affected or whether user-facing contracts need to be patched.
Users are now waiting for a full incident report. The team still needs to publish a wallet list, final loss total, chain-by-chain exposure and a clear answer on whether any bridge routes or liquidity pools remain at risk.
