Humanity Protocol Releases $H Token Security Report
- Attack Overview: The Quantstamp report released by Humanity Protocol details the June 8 attack on the $H token, where the attacker minted and sold $H without authorization on Ethereum and BNB Smart Chain, causing an approximate 89% market price drop.
- Method of Attack: The investigation revealed that the attacker gained control of a director's device through a phishing email, installing remote-access malware to steal MetaMask wallet data and private keys, which were then used to execute the on-chain attack.
- Funds Movement: On Ethereum, the attacker transferred about 141.18 million $H to a new address using a stolen account key, while on BNB Smart Chain, approximately 100 million new $H were minted; known attacker addresses held over $21 million in ETH proceeds, with BNB proceeds still being tallied.
- Recovery Plan: Humanity Protocol stated that a recovery plan will be developed with transparency, although no user compensation framework or token remediation plan has been provided yet, future updates will determine how affected holders and liquidity providers will be treated.
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Technical Analysis for TOKEN
Technical Sentiment Analysis for TokenFi (TOKEN). As of , TokenFi (TOKEN) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 0 indicators are flashing buy, while 5 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for TOKEN stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, TOKEN is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
TokenFi (TOKEN) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.00194 | 0.00216 | 0.00236 | 0.00258 | 0.00278 | 0.003 | 0.0032 |
| Fibonacci | 0.00216 | 0.00232 | 0.00242 | 0.00258 | 0.00274 | 0.00284 | 0.003 |
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