Humanity Protocol's H Token Collapses Amid Security Breach

A major security breach has shaken the cryptocurrency market, with Humanity Protocol's H token crashing nearly 90% after attackers exploited compromised private keys and drained over $30 million from at least 17 wallets.

The attack led to a significant increase in the supply of H tokens, adding to concerns about additional price pressure. The attacker began dumping H tokens on decentralized exchanges, selling them for Ethereum (ETH) and Binance Coin (BNB), and realizing approximately $30.83 million in gains.