Humanity Protocol Suffers Devastating Hack Resulting in $32M Loss

A major hacking incident has shaken the crypto community, with Humanity Protocol's H token suffering a devastating loss of over $32 million. The attackers exploited a vulnerability that has become increasingly common in 2026, leading to the theft of funds from project wallets.

The breach resulted in a near-total collapse of the token's value, with its price plummeting by up to 90% in a single day. The H token's price action was severe, with it dropping from approximately $0.67 to a low near $0.05 before staging a partial recovery.

The incident has highlighted the need for improved security measures in the cryptocurrency space. The attackers have since minted an additional 100 million H tokens on BNB Chain, worth around $11 million at current prices, indicating that selling pressure is not yet exhausted.