Written by Martin Youngstaff writerReviewed by Felix Ngstaff editorWritten by Martin Youngstaff writerReviewed by Felix Ngstaff editorHumanity Protocol token falls 85% amid $30M private key exploit
Latest NewsPublishedJun 9, 2026The compromise of private keys belonging to a member of the Humanity Foundation has reportedly resulted in the theft of at least $30 million worth of its native token.
The Humanity Protocol, dubbed the “Chinese Worldcoin,” has been exploited for more than $30 million through a private key compromise, sending the price of H tokens plummeting on Tuesday.
“We’ve detected a security incident involving the compromise of private keys belonging to a member of the Humanity Foundation,” said Terence Kwok, founder and CEO of Humanity Protocol, on Tuesday.
Kwok advised users not to interact with the bridge or any liquidity pools until it has been deemed safe and added that the team was working with security experts, but did not provide any further details at the time.
Humanity is a zkEVM blockchain-based decentralized identity project focused on Proof of Humanity and uses privacy-preserving palm biometrics.
Prices for the H token have collapsed over the past 12 hours, falling 85% from around $0.70 to $0.08 at the time of writing, according to CoinGecko.
Onchain investigator “Specter” said it appears that wallets linked to, or that have interacted with Humanity Protocol, are being compromised in an ongoing attack that has drained as much as $30 million in the project's native H token.
Arkham Intelligence also reported that the exploiter had stolen more than $30 million and was swapping H tokens through Kyber Network and PancakeSwap, among other DEXes.
Private key compromises continue to increase
There have been several high-profile private key compromises this year, one of the largest being the Drift Protocol exploit in April. Attackers affiliated with the North Korean Lazarus Group gained control of the security council admin keys, resulting in the loss of $280 million.
Related: ZEC drops 30% as Shielded Labs reveals more about infinite counterfeit bug
Others include Step Finance, Resolv, Volo Vault, Echo Bridge, Bankr, Polymarket, StablR, Stake DAO, Gravity Bridge, and Aelphium Bridge.
Wallet or private key compromises were the second-most costly attack vector in May, with $13.7 million stolen, CertiK reported.
Magazine: Korea probes Polymarket users, crypto PACs sweep primaries: Hodler’s Digest
Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.More on the subject
Chinese court treats Bitcoin as property in 107 BTC memory theft case18 hours agoChristina Comben
Why ‘spot the typo’ is no longer enough for crypto securityJun 6, 2026Dilip Kumar Patairya
Coinbase freezes $3M tied to Southeast Asia crypto fraud networksJun 4, 2026Stephen KatteChinese court treats Bitcoin as property in 107 BTC memory theft case18 hours agoChristina CombenWhy ‘spot the typo’ is no longer enough for crypto securityJun 6, 2026Dilip Kumar PatairyaCoinbase freezes $3M tied to Southeast Asia crypto fraud networksJun 4, 2026Stephen Katte
![Crypto Investment Scam: Forensic Analysis of Trade Forge Pro [tradeforgepro.com]](https://cdn-images-1.medium.com/max/600/1*UwyKWtSPmjRr3g0gKtMdwQ.jpeg)
