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Hackers attacked Humanity Protocol after compromising the private keys of a member of the Humanity Foundation. Following the incident, the project's native token H plunged 85%, while analysts estimated losses at more than $30 million.
Humanity Protocol CEO Terence Kwok disclosed the attack. He said the team regrets the incident and takes responsibility for protecting the community.
After detecting the attack, the developers advised users not to interact with the bridge or liquidity pools until the investigation is completed. Kwok noted that the project is already working with security experts, although details of the incident have not yet been disclosed.
Humanity Protocol is a digital identity blockchain project built on zkEVM. Its developers position it as an identity verification system that uses palm biometrics while preserving user privacy.
At the time of writing, the token is trading near $0.10. Its daily decline has reached 85%.

H token price. Source: CoinMarketCap.
An on-chain researcher known as Specter also said the attack may involve more than a single address. According to his assessment, several wallets linked to Humanity Protocol or interacting with the project's ecosystem may have been compromised.
Arkham Intelligence reported that the attacker has already moved more than $30 million worth of H tokens. According to the platform's analysts, the stolen assets have begun to be swapped through decentralized exchanges, including Kyber Network and PancakeSwap.
Since the beginning of the year, Step Finance, Resolv, Volo Vault, Echo Bridge, Polymarket, Stake DAO, and other market participants have fallen victim to similar attacks.
One of the largest incidents occurred in April when attackers gained control of Drift Protocol's administrative keys. The losses in that case totaled about $280 million.
As previously reported, a hacking attack targeting Polygon became public on June 6.