Humanity Protocol has unveiled a detailed recovery plan and a fresh H token airdrop after a June 8 exploit that forced the project to pause and sunset its previous tokens across Ethereum, BSC and Humanity Mainnet.
What’s happening
- Humanity will issue a new audited ERC‑20 H token on Ethereum and airdrop it 1:1 to holders recorded in pre‑exploit snapshots. The new token will retain the H ticker and the new Ethereum contract address is 0xE76c5b78f93909d34404E9eb4C1f19e7582a5dE1.
- The team said the old H tokens on Ethereum, BSC and Humanity Mainnet are now retired. Humanity described users’ patience as vital: “We know the wait has been hard, and your patience through this has meant everything to us.”
Snapshot and distribution details
- Snapshot timestamp: June 8, 2026 at 17:25:35 UTC.
- Snapshot block heights: Ethereum 25,274,179; BSC 103,071,069; Humanity Mainnet 24,247,803.
- Eligible externally owned accounts (EOAs) will receive the new H automatically at a 1:1 ratio based on those balances.
- Non‑EOA holdings (liquidity pools, smart contracts, etc.) will be moved into a vault; the team will coordinate directly with affected projects and counterparties to determine final handling.
Compensation and compliance measures
- Humanity created an H Compensation Fund to address cases that can’t be resolved through the automated airdrop—this includes third‑party protocol integrations and decentralized liquidity provider balance differences.
- The fund will also cover legitimate users who purchased H after the snapshot and still hold it; such claimants must complete identity verification before receiving compensation.
- Citing links between the exploit and DPRK‑affiliated actors, Humanity said it’s working with relevant authorities on AML compliance.
Cause of the breach and ongoing security notes
- Independent firm Quantstamp tied the attack to tactics associated with North Korea‑linked hackers. Investigators say attackers accessed seven private keys on a malware‑infected developer machine.
- Humanity clarified the breach resulted from stolen credentials, not a flaw in its token contracts, bridge contracts, or Safe setup.
- The project warned users to ignore fake claim links and said official updates will only be posted via its verified channels; exchange users should monitor their platforms’ announcements.
Market and next steps
- As of June 16, H was trading near $0.203—down about 51% over 24 hours but roughly 30% higher over seven days, per crypto.news market data.
- The recovery plan now focuses on execution: Humanity plans to relaunch Humanity Mainnet in the coming weeks with the new H as the native gas token, and is coordinating migration work with centralized exchanges, bridges, liquidity providers and other partners.
- Holders should watch for the airdrop distribution, claims/compensation processes, exchange migration instructions, and the mainnet relaunch timeline.
In short: Humanity has moved to sunset the compromised tokens, deployed a new audited H contract, and laid out a structured airdrop plus compensation process—while coordinating with partners and authorities as it prepares to relaunch the mainnet.
Read more AI-generated news on: undefined/news
