👾 On June 9th, unknown parties compromised wallets linked to the Humanity Protocol project. The damage is estimated at around $31 million.

In the wake of the attack, the native token of the platform, H, plummeted 83% in a single day — from $0.7 to $0.12. Humanity Protocol's founder, Terence Kwok, confirmed the incident and suggested a potential interception of private keys belonging to one of the team members.

Meanwhile, on-chain researcher ZachXBT has questioned the team's explanation. He speculated that the incident might be related to a market maker.

$H