Humanity Protocol Hacker Issues 100 Million Tokens Again 10 Minutes Ago
According to Onchain Lens monitoring, the Humanity Protocol attacker has again issued 100 million H tokens using their privileges 10 minutes ago.
The previously issued 100 million tokens have all been exchanged for 774 BNB. This consecutive operation further expands the attack range, intensifying token selling pressure and market panic.
This incident accelerates the withdrawal of funds from high-risk projects, with event-driven security audits and mature governance benefiting from risk-averse inflows, while Humanity Protocol faces a complete collapse of trust and liquidity exhaustion.
Source: Public Information
ABAB AI Insight
Humanity Protocol previously lost over $32 million due to a wallet attack. The consecutive issuance of 100 million tokens continues the attacker's abuse of administrative privileges, similar to historical cases where multiple projects faced repeated issuances and cash-outs due to governance vulnerabilities. This further exposes serious shortcomings in smart contract security and permission management within iris scanning and identity projects.
In terms of capital flow, the hacker quickly issued and exchanged tokens for BNB on the BSC chain, forcing holders to face extreme negative funding rates and ongoing selling pressure. Institutions and retail investors are rapidly withdrawing remaining funds, shifting towards mature protocols with strong multi-signature, permission control, and transparent governance, reallocating capital from high-risk emerging projects to secure infrastructure.
Similar to the multiple issuance behaviors following major historical attacks like Ronin and Poly Network, the current frequent security incidents in the RWA and identity verification sectors are consistent.
Essentially, this represents capital concentration: consecutive issuances accelerate the complete collapse of projects, mechanically concentrating liquidity from fragile protocols to a few platforms with mature security governance, audit records, and emergency pause mechanisms. This further emphasizes the industry's focus on contract permission management and crisis response capabilities, pushing crypto infrastructure towards higher security standards.
ABAB News · Cognitive Law
One issuance is an accident; consecutive issuances indicate systemic collapse. Top capital always exits before permission control is lost. Most chase concepts and KOLs, while a few lock in multiple security barriers. Structural risks stem from asymmetric governance vulnerabilities. Selling visions gains temporary valuations, while maintaining permission control wins long-term trust. Winners always view hacker issuances as the ultimate signal for industry purification.