Humanity Protocol's wallets drained for over $32 million in an exploit; token price crashed 89% as attackers swapped $23.7M for Ethereum.
Security & Exploits ·
Wallets associated with Humanity Protocol were drained for over $32 million, with the token's price falling 89% following the incident. Of the stolen funds, attackers converted $23.7 million into Ethereum, while approximately $7.9 million remained in H tokens at the time of reporting.
The exploit represents a significant loss of assets from the protocol's ecosystem. The rapid price decline suggests immediate market reaction to the security breach and the large volume of tokens being liquidated by the attackers.
The nature of the initial vulnerability—how the wallets were compromised and whether the remaining $7.9 million in H tokens will be recovered or further liquidated—has not been detailed in available reporting.