Humanity Protocol Initiates Token Migration Following $36M Exploit

The recovery plan centers on a snapshot taken June 8 at 17:25:35 UTC, capturing balances on Ethereum, BSC, and Humanity Mainnet. By deploying a new ERC-20 contract—address 0xE76c5b78f93909d34404E9eb4C1f19e7582a5dE1—the team intends to replace the legacy asset entirely. While standard externally owned accounts will receive the new tokens automatically, assets held in liquidity pools or smart contracts are being diverted into a specialized vault for individual coordination.

To address complex fallout, the project established a compensation fund for third-party protocol integrations and post-snapshot buyers. Applicants must undergo identity verification to ensure compliance, a measure necessitated by the involvement of DPRK-linked entities in the original theft. Quantstamp’s investigation confirmed the breach originated from seven private keys compromised on a developer’s malware-infected machine, rather than a vulnerability in the protocol’s core architecture. With the price fluctuating significantly, the team is now focused on the pending relaunch of Humanity Mainnet, where the new token will serve as the native gas asset.