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The Block · 6/9/2026

Humanity Protocol suffers $32 million drain as H token crashes 89 percent

Humanity Protocol suffers $32 million drain as H token crashes 89 percent

Exploiters just tore a $32 million hole through wallets tied to Humanity Protocol. The fallout was immediate and ugly, sending the H token into an 89% nosedive as liquidity evaporated. On-chain data shows the attackers weren't interested in holding the bag; they've already swapped roughly $23.7 million into Ethereum to cover their tracks. That leaves about $7.9 million still sitting in the original H tokens, likely because there's not enough market depth left to exit without tanking the price to zero. This hit comes from a sophisticated drainage of project-linked addresses, caught by analysts who watched the funds migrate in real-time. Investors are now staring at a chart that looks like a cliff edge while the team scrambles to identify the specific vulnerability. With twenty-three million in ETH already sitting in the attackers' pockets, the chances of a voluntary return look slim. Will the protocol find a way to bridge this massive capital gap, or is this the final chapter for the project's treasury?

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