Humanity Protocol Launches Recovery Airdrop After $36M Security Hack
Dishika Ahuja
Humanity Protocol Launches Recovery Airdrop and Network Recovery Plan
Eight days after a $36 million exploit hit its ecosystem, Humanity Protocol has laid out a full recovery plan. On June 16, the project announced a new audited H token, a 1:1 airdrop for affected holders, a compensation fund for edge cases, and a Humanity Mainnet relaunch in the coming weeks.
How It Happened
On June 8, an attacker sent a phishing email to a project director, gained access to the compromised credentials, and used them to infiltrate Humanity Protocol's BNB Chain deployment. Around $36 million was drained. Security firm Quantstamp investigated the incident, confirmed the funds remain unrecovered, and linked the attack to DPRK-affiliated actors. Following the breach, the original H tokens on Ethereum, BNB Chain, and Humanity Mainnet were all sunsetted.
New Token, Same Balances
Humanity Protocol has deployed a fresh audited ERC-20 H token on Ethereum. To determine who gets what, the team captured balance snapshots at three block numbers recorded just before the exploit Ethereum block 25,274,179, BNB Chain block 103,071,069, and Mainnet block 24,247,803. Every eligible holder receives the new H token at a 1:1 ratio against their pre-exploit balance. Wallets connected to the attacker, as identified by Quantstamp, are excluded from the distribution entirely. Externally owned accounts get tokens sent directly. Balances sitting inside liquidity pools and smart contracts are being moved into a dedicated vault while the team works through verification with affected stakeholders.
The Compensation Fund
Not every affected user qualifies through the standard airdrop. For those who don't, it has created an H Compensation Fund covering three groups: users with exposure through third-party protocol integrations, users with decentralized liquidity pool positions, and anyone who bought H tokens after the June 8 snapshot and still holds them. Because Quantstamp's investigation tied the hack to DPRK-linked actors, all compensation claimants must pass identity verification before any funds are released. A dedicated claims portal has been set up for this process.
Mainnet Is Coming Back
Mainnet will relaunch in the coming weeks. The new H token will function as the network's native gas token once the network is back live. The team is currently in coordination with centralized exchanges, bridge providers, and liquidity partners to manage the migration. For anyone holding H tokens on an exchange, the advice from the team is straightforward wait for your exchange's official announcement on the migration before doing anything.
The $36 million stolen on June 8 has not come back. Humanity Protocol has not suggested it will. What the plan delivers instead is restored balances for holders who were in before the exploit, a clean contract replacing the compromised one, and a path to a functioning network again.
Disclaimer
This article is for informational purposes only and does not constitute financial advice.
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