Crypto Times Logo Black
Google News Follow Banner
  • News
    • Market
    • Bitcoin
    • Ethereum
    • Altcoins
    • Regulations & Policies
    • DeFi News
    • Blockchain News
    • Industry
  • Exclusive
    ExclusiveShow More
    3D Liquid Network logo with a hooded hacker shadow and computer code overlays in the background
    Liquid Network Exploit Explained: Unbacked L-BTC and the $320M Peg-Out
    Clarity Act bill with a September 15 calendar and Senate chamber in the background.
    Can the Senate Pass the CLARITY Act on September 15? Here’s the Vote Math
    Simon Gerovich, CEO and President of Metaplanet
    Inside Metaplanet’s Floating Option Pool: How a 2023 Option Clause Followed Its Bitcoin Treasury Era
    Magnifying glass highlighting a red bug icon within broken code, flanked by metallic 3D logos for OpenAI and Anthropic
    OpenAI’s Astra and Anthropic’s Fable 5.1 Put Crypto Security in Focus
    Kevin Warsh, Chair of the Federal Reserve of the United States
    Bitcoin Falls Below $78K as Fed Hike Odds Jump to 56%: What Experts Say
  • Opinion
    OpinionShow More
    Jackson Hole 2026: Crypto Is No Longer Outside the Fed’s Door
    Jackson Hole 2026: Crypto Is No Longer Outside the Fed’s Door
    The Architecture of Trust Same Routes, New Risks in Global Tokenisation
    The Architecture of Trust: Same Routes, New Risks in Global Tokenisation
    The Architecture of Trust What 4,000 Years of Trade Teach Us About RWA Tokenisation
    The Architecture of Trust: What 4,000 Years of Trade Teach Us About RWA Tokenisation
    One P2P Trade, Months of Limbo Why Innocent Indian Crypto Users Keep Paying the Price
    One P2P Trade, Months of Limbo: Why Innocent Indian Crypto Users Keep Paying the Price
    CLARITY Act The Bill Exists, the Deal Does Not, Trump Has to Wait
    CLARITY Act: The Bill Exists, the Deal Does Not, Trump Has to Wait
  • Learn
    • Explained
    • How To
    • Insights
  • IndicesNew
    • India USDT Premium Index
    • India USDC Premium Index
  • Videos
  • More
    • About Us
    • Our Authors
    • Contact Us
    • Editorial Policy
    • Daily Crypto Puzzles
The Crypto TimesThe Crypto Times
  • All News
  • Market
  • Bitcoin
  • Ethereum
  • Altcoins
  • Regulations & Policies
  • Blockchain
  • DeFi
  • Industry
  • Exclusive
  • Opinion
Search
  • News
    • Market
    • Bitcoin
    • Ethereum
    • Altcoins
    • Regulations & Policies
    • Blockchain
    • DeFi
    • Industry
    • Exclusive
    • Opinion
  • Learn
    • Explained
    • How To
    • Insights
  • IndicesNew
    • India USDT Premium Index
    • India USDC Premium Index
  • Quick Links
    • About Us
    • Our Authors
    • Contact Us
    • Editorial Policy
    • AI Policy
    • Sponsored & Advertorial Policy
    • Daily Crypto Puzzles
  • Videos
  • Glossary
Follow US
© 2026 By Crypto Times. All Rights Reserved.
Industry

Humanity Protocol Unveils H Token Recovery and Airdrop Plan Post $36M Hack

Written By Isha Chavda
Fact Checked by Divya Mistry
Published 2026-06-16·Updated 3 months ago
Make The Crypto Times preferred on GoogleGoogle
Humanity Protocol Unveils H Token Recovery and Airdrop Plan Post $36M Hack
Show AI Summary
Humanity Protocol’s $36 million exploit sparks industry-wide attention on token security
The project’s token migration strategy sets a precedent for post-exploit recovery efforts
ERC-20 token standard plays a crucial role in Humanity Protocol’s ecosystem restoration plan

Humanity Protocol has unveiled a comprehensive recovery strategy following the $36 million exploit that compromised its H token ecosystem, confirming plans to replace the affected token with a newly audited ERC-20 asset and compensate eligible holders through a 1:1 airdrop.

In an announcement posted on X, the project said it had completed its investigation into the incident and is now moving forward with a full token migration designed to restore user balances and resume network operations.

“We know the wait has been hard, and your patience through this has meant everything to us,” Humanity Protocol said. “Now that our full incident report is live, we’re ready to share the path forward.”

New ERC-20 H token deployed

As part of the recovery effort, Humanity Protocol has deployed a new audited ERC-20 smart contract on Ethereum that will replace the previous H tokens across Ethereum, BNB Chain, and Humanity Mainnet.

The team confirmed that user balances were captured through snapshots taken shortly before the exploit occurred on June 8, 2026. Snapshot blocks included Ethereum block 25,274,179, BNB Chain block 103,071,069, and Humanity Mainnet block 24,247,803.

According to the protocol, addresses linked to the attacker and related entities identified during an investigation conducted by security firm Quantstamp have been excluded from the redistribution process.

Eligible holders to receive 1:1 token airdrop

Humanity Protocol stated that eligible holders will receive the new H token on Ethereum based on balances held across all supported networks at the snapshot time.

Externally owned accounts (EOAs) will receive tokens directly, while assets held within liquidity pools and other smart contracts will be transferred to a dedicated vault pending verification and coordination with relevant stakeholders.

“The former H tokens on Ethereum, BSC, and Humanity Mainnet have been sunsetted, and a new H token is being airdropped to all existing holders,” the project said.

The migration will occur at a 1:1 ratio, ensuring users retain their pre-exploit balances.

Compensation fund created for complex cases

To address situations that cannot be resolved through the automated distribution process, Humanity Protocol has established a dedicated H Compensation Fund. The fund will support users affected by third-party protocol integrations, decentralized liquidity pool exposure, and investors who purchased H tokens after the snapshot date but continue to hold them.

The project noted that because investigators linked the exploit to DPRK-affiliated actors, claimants seeking compensation will be required to complete identity verification procedures before funds can be distributed.

A dedicated claims portal has also been launched to process compensation requests and other recovery-related cases.

Humanity mainnet relaunch scheduled

Humanity Protocol confirmed that Humanity Mainnet will relaunch in the coming weeks with the newly issued H token serving as the network’s native gas token.

The team said it is coordinating with centralized exchanges, bridge providers, liquidity partners, and ecosystem participants to ensure a smooth migration process.

Users holding H on exchanges have been advised to follow announcements from their respective trading platforms regarding token migration and support timelines.

Recovery Effort Follows $36 Million Attack

The recovery plan follows Humanity Protocol’s investigation into the exploit, which resulted in approximately $36 million in losses. According to the report, attackers gained access to sensitive credentials after successfully targeting a project director through a phishing campaign. The compromised keys enabled unauthorized control over the protocol’s BNB Chain deployment and ultimately allowed the attacker to drain funds from the ecosystem.

While the stolen assets have not been recovered, Humanity Protocol said the token migration, compensation framework, and planned network relaunch represent its primary strategy for restoring user balances and rebuilding confidence in the ecosystem.

The team also warned users to remain vigilant throughout the migration process and to rely only on verified Humanity Protocol communication channels for updates and instructions.

Also read: Drift Protocol Attack Claims Another Victim: Pyra to Terminate All Card Services

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

Follow The Crypto Times on Google News to Stay Updated!      Google News

Daily Crypto Puzzles
Tickerdle Tickerdle Crypto Connections Crypto Connections Crypto Crossword Crypto Crossword
TAGGED:Crypto Hack
Share This Article
Whatsapp Whatsapp LinkedIn Telegram Copy Link

Daily Crypto Puzzles

Tickerdle crypto game Tickerdle Crypto Connections game Crypto Connections Crypto Crossword game Crypto Crossword

Latest News

A silver Ethereum coin emitting fast digital data streaks toward a global network grid.
Ethereum EIP-8411 Cuts 1 MiB Payload Time From 5s to Under 1s
A hand holding a smartphone showing Zcash (ZEC) priced at $1,300 with an upward chart.
Zcash Surges Past $1,300: What Catalysts Are Really Driving ZEC Price?
Celsius Estate and BitMEX logos separated by a judge's gavel inside a courtroom setting.
Celsius Sues BitMEX Over $495M Bitcoin Liquidations in 2020
A judge's gavel next to the Ostium logo inside a New York federal courtroom.
Ostium $15M Loan Dispute Reaches NY Federal Court Today After July $23.75M Oracle Exploit
A physical Bitcoin coin standing upright on a wet street with a illuminated "ETF" sign in the background.
Spot Bitcoin ETFs See $746M Outflow During CLARITY Act and FOMC Pressure

Find Us on Socials

You may also like

Three 3D cryptocurrency tokens displaying logos for Aave, Avalanche, and Tether.

Aave Plans RWA Lending Hub on Avalanche With Tether’s USAT

Studio headshot of a man with short brown hair and a beard against a blue background.

Ledger CTO Reviews SHRINCS Bitcoin Signature Proposal

Hooded hacker targeting Revolut on laptop surrounded by monitoring displays.

Revolut Hackers Cut Ransom to $3M, Set 24-Hour Deadline to Sell 680 Customer Files: FT

Hand holding smartphone displaying the Ondo Finance logo in front of DTCC wall signage.

DTCC Adds Ondo’s Oasis Pro Markets to Fund/SERV Network 

The Crypto Times Logo PNG

News

All News
Market News
Bitcoin News
Ethereum News
Altcoin News
Regulations & Policies
DeFi News
Blockchain News
Industry News

Sections

Exclusive
Opinions
Learn
Insights
Videos
Glossary

India Premium Indices

Stablecoins
USDT
USDC

Play

Daily Crypto Puzzles
Tickerdle
Crypto Connections
Crypto Crossword

Company

About Us
Our Authors
Editorial Policy
AI Policy
Advertorial Policy
Contact Us
Career

Follow Us

X-twitter Linkedin Telegram Youtube Instagram

© 2026 The Crypto Times | A BITROCK TECHNOLOGIES L.L.C. Company.

DMCA.com Protection Status
  • Terms and Conditions
  • Disclaimer
  • Privacy Policy
  • Cookie policy
Do Not Sell or Share My Personal Information