Humanity Protocol, a decentralized identity project built on a zkEVM blockchain and centered on Proof of Humanity, was hit by a security incident on Tuesday after private keys linked to a member of the Humanity Foundation were compromised. The breach triggered an immediate selloff in the project’s H token and raised broader concerns about the security of associated wallets and infrastructure.
Terence Kwok, founder and CEO of the project, said the team had identified the incident and was working with security specialists to assess the damage. Users were urged not to interact with the bridge or any liquidity pools until the situation is declared safe. No additional operational details were provided at the time.
Onchain investigators said the attack appeared to be ongoing and may involve wallets connected to Humanity Protocol or entities that had previously interacted with it. According to blockchain analytics data, the attacker had drained more than $30 million worth of H tokens and was moving funds through multiple decentralized exchanges, including Kyber Network and PancakeSwap.
The H token suffered a steep decline following the news. Over the previous 12 hours, the token fell about 85%, dropping from roughly $0.70 to $0.08 before stabilizing near that level, according to market data. The rapid drop reflected both the scale of the alleged theft and the market’s concern that more wallets could be affected.
The incident adds to a growing list of private key compromises this year. One of the largest involved Drift Protocol in April, when attackers linked to North Korea’s Lazarus Group gained access to security council admin keys and caused losses of about $280 million. Other affected projects this year have included Step Finance, Resolv, Volo Vault, Echo Bridge, Bankr, Polymarket, StablR, Stake DAO, Gravity Bridge, and Aelphium Bridge.
CertiK reported that wallet and private key compromises were the second most costly attack type in May, with $13.7 million stolen. The latest breach underscores how control of a single set of keys can still expose entire crypto systems to significant losses.AUD/JPY posted modest gains in Tuesday’s Asian session, trading near 113 as investors reacted to stronger-than-expected Chinese trade data and remained alert to the risk of Japanese intervention in currency markets.
China’s trade surplus widened sharply in May to $105.43 billion from $84.82 billion in April, according to customs data released on Tuesday. Exports rose 19.4% from a year earlier, accelerating from 14.1% in April and topping the 15.0% increase expected by economists. Imports also strengthened, climbing 27.4% year on year compared with 25.3% previously and above the market forecast of 25.0%.
The stronger figures offered support to the Australian Dollar, which is often viewed as a proxy for the Chinese economy because of Australia’s close trade ties with China. Export growth was aided by earlier front-loading of shipments by overseas buyers and by continued demand for semiconductors and artificial intelligence-related hardware. The data helped the AUD extend its gains, even if only modestly.
At the same time, the pair’s advance may remain limited. Japanese officials have recently stepped up verbal warnings over excessive currency moves, reinforcing expectations that authorities are prepared to act if needed to stabilize the yen. Finance Minister Satsuki Katayama reiterated that the government’s position has not changed and that decisive measures remain on the table.
That risk has kept traders cautious around AUD/JPY, which has been vulnerable to sharp swings whenever Tokyo signals discomfort with yen weakness. For now, the cross is finding support from the improved China outlook, but the upside appears constrained by the prospect that Japan could intervene to support its currency.
