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The Human Protocol ($H) has been hacked.
Hackers compromised the private keys (Gnosis Safe multi-signature on Ethereum and BNB Chain), took control of the bridge, and withdrew/minted over $32 million in $H tokens, exchanging them for $ETH /$BNB.
The token price dropped by 88-90% (from around $0.80 to approximately $0.05-$0.15), wiping out more than $1B in market value.
Founder Terence Kuok confirmed the breach, halted the bridges, and promised an analysis after the incident.
The project (Proof of Humanity via hand scan technology) remains online with over 8 million human identities, but trust and token value have been severely damaged due to the exploit.
It's time for cleansing in the crypto space. Only the strong will survive.
Hackers compromised private keys (Gnosis Safe multisig on Ethereum and BNB Chain), seized bridge control, drained/minted ~$32M+ in $H tokens, and swapped them for $ETH / $BNB.
The token crashed 88–90% (from ~$0.80 to ~$0.05–0.15), wiping out over $1B in market cap.
Founder Terence Kwok confirmed the breach, paused bridges, and promised a post-mortem.
The project (palm-scan proof-of-humanity L2) is still online with 8M+ Human IDs, but the exploit has destroyed trust and token value.
Purge szn for crypto. Only the strong will survive.