Humanity Protocol’s H Token Falls 27% After $36 Million Exploit and 1:1 Migration Plan

Humanity Protocol said it will carry out a full token migration and a 1:1 airdrop of a new H token after a $36 million exploit on June 8. According to NS3.AI, the project has sunsetted the former H token across Ethereum, BNB Chain, and Humanity Mainnet and replaced it with a newly audited ERC-20 contract on Ethereum. CoinGecko data showed H was down roughly 27% on Monday to around $0.22. Humanity Protocol said wallets linked to the attacker, as well as addresses identified by Quantstamp, will be excluded from the airdrop.