Humanity Protocol Token Soars 210% to Lead Crypto Market Gainers

  • Humanity Protocol H token jumped 210% to $0.627, leading all crypto gainers.
  • The rally followed a June 8 exploit that drained roughly $36 million.
  • Quantstamp linked the attack to tooling characteristic of North Korean hackers.
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Humanity Protocol’s H token surged by more than 200%, topping every other cryptocurrency by daily gains, as buyers returned days after the June 8 exploit.

The token ranked as the market’s biggest gainer, recovering some of the value it had lost after attackers seized control of private keys.

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H Token Rebounds From Exploit Lows

The H token changed hands near $0.627 on Sunday. That represented a daily gain of about 210%. 

The move extended a recovery rally that began after the token collapsed by over 80% on the day of the attack. Its market value now sits near $1.1 billion, ranking 64th overall.

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Humanity Protocol (H) Token Price Prediction
Humanity Protocol (H) Token Price Prediction. Source: BeInCrypto Markets

The rally also landed as the broader crypto market edged higher. Total market value rose about 1% over 24 hours, helped by easing tension between the US and Iran. H’s triple-digit gain far outpaced that move.

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Quantstamp Ties Humanity Protocol Attack to North Korean Hackers

Meanwhile, Humanity Protocol published findings from security firm Quantstamp on June 12. The report described tooling and methods characteristic of North Korean, or DPRK, hackers.

Investigators traced the breach to a phishing email that impersonated South Korean exchange Bithumb. A director opened a malicious attachment. 

The file then installed remote-access malware on his device. The attacker copied private keys and ran a coordinated cross-chain operation. 

“The tooling and tradecraft point to DPRK involvement. The Hancom-signed loader, the use of Stas’m RDP Wrapper, binaries disguised as Microsoft Defender’s Network Inspection Service, and a hidden GuestUser profile are all patterns Quantstamp describes as characteristic of North Korean intrusions,” the post read.

On-chain investigator ZachXBT also confirmed that the “sketchy MM/OTC” activity and the key compromise were actually unrelated.

The rebound signals renewed appetite for H despite the breach. Risks remain, however. The attacker still controls the BNB Smart Chain deployment and can mint fresh tokens.

Whether the rally holds may depend on how quickly Humanity Protocol contains that threat through its recovery plan.

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