$H 24h surged 34.61%, but the on-chain hack minted an extra 300 million coins and dumped it to zero. This project, focusing on decentralized identity verification, just went through a ‘private key leak’ scandal—hackers have been continuously minting and dumping on the BSC chain, leaving only $13 in liquidity, causing a 99.9% price crash.
At the same time, the project team has posted a $1 million bounty to recover funds, and the community is in an uproar: some suspect it's an inside job, while others are seizing the opportunity to arb. Currently, the Binance contract price is $0.06 while the on-chain price is $0.003, showing a 20x difference; whether this spread can converge will depend on the follow-up recovery plan execution.
#HumanityProtocol #securityincident
At the same time, the project team has posted a $1 million bounty to recover funds, and the community is in an uproar: some suspect it's an inside job, while others are seizing the opportunity to arb. Currently, the Binance contract price is $0.06 while the on-chain price is $0.003, showing a 20x difference; whether this spread can converge will depend on the follow-up recovery plan execution.
#HumanityProtocol #securityincident