Humanity Protocol Token rises 210% to lead gainers in the cryptocurrency market


Humanity Protocol’s H token rose more than 200%, outperforming every other cryptocurrency in terms of daily gains, as buyers returned days after the June 8 exploit.

The token has been named a big winner in the market, regaining some of the value it lost after attackers took control of the private keys.

The H symbol bounces back from the lows of exploitation

The H token traded near $0.627 on Sunday. This represents a daily gain of approximately 210%.

The move extended the recovery rally that began after the token It collapsed by more than 80% The day of the attack. Its market capitalization is now approaching $1.1 billion, ranking it 64th overall.

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

The rally also fell as the broader cryptocurrency market rose. The total market value increased by about 1% over 24 hours, supported by the rise Reducing tension between the United States and Iran. The H’s triple-digit gains far exceeded that step.

Quantstamp links Humanity Protocol attack to North Korean hackers

Meanwhile, Humanity Protocol published findings from security firm Quantstamp on June 12. The report described the tools And its distinctive styles North Korean or DPRK hackers.

Investigators traced the hack to A Phishing email that impersonates South Korea Stock Exchange Bithumb. A director opened a malicious attachment.

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

“The tools and craftsmanship point to North Korean involvement. The Hancom signed bootloader, the use of Stas’m RDP Wrapper, binaries disguised as Microsoft Defender’s network scanning service, and a hidden GuestUser profile are all patterns that Quantstamp describes as characteristic of North Korean intrusions.” mail He reads.

Detective on the series ZachXBT too certain The unclear “MM/OTC” activity and the key settlement are actually unrelated.

The bounce indicates renewed appetite for H despite the breakout. However, there are still risks. The attacker still controls the deployment of the BNB smart chain and can mint new tokens.

Whether the rally continues may depend on how quickly Humanity Protocol contains this threat with its recovery plan.

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this post Humanity Protocol Token rises 210% to lead gainers in the cryptocurrency market appeared first on BeInCrypto.



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