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CoinDesk·2 min read·medium

Humanity Protocol token crashes more than 80% after a $32 million private-key hack

S
Shaurya Malwa
Humanity Protocol token crashes more than 80% after a $32 million private-key hack
AI Summary

The Humanity Protocol decentralized identity project suffered a $32 million hack after attackers compromised a foundation member's private keys. The stolen tokens are being sold for ether, causing the H token's value to plummet by over 80%.

Why it matters

This incident highlights the ongoing vulnerability of decentralized projects to private-key theft, which remains a major security risk in the cryptocurrency sector.

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Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Humanity Protocol token crashes more than 80% after a $32 million private-key hack The decentralized identity project said attackers compromised the keys of a foundation member and are dumping the stolen H tokens for ether. By Shaurya Malwa Jun 9, 2026, 4:54 a.m. 2 min read Make preferred on What to know : Humanity Protocol’s H token plunged more than 80 percent after attackers stole private keys tied to the project and drained over $30 million from at least 17 wallets. The thief has been dumping stolen H for ether and minting additional H on BNB Chain, adding selling pressure as the token fell from about $0.67 to near $0.13 and briefly touched $0.05. Humanity Protocol, a palm-scan-based decentralized identity rival to Worldcoin, has urged users to avoid its bridge and liquidity pools while it works with security firms and exchanges amid a broader trend of key-based crypto hacks in 2026. Humanity Protocol s H token crashed more than 80% on Tuesday after attackers stole the private keys behind the project and drained more than $30 million, the latest in a year of crypto thefts that go after keys rather than code.

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Confidence: 90%

The article provides a factual report on a security breach without editorializing or taking a political stance.

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