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BCH $221.96 +4.52%
LINK $7.75 +4.83%
HYPE $66.01 +2.37%
AAVE $87.06 +0.93%
SUI $0.7365 +2.83%
XLM $0.1994 -0.38%
ZEC $440.98 +6.65%

Humanity Protocol shifts to enterprise-level AI business after a $36 million hacker attack

2026-07-02 23:52:44
Collection

According to The Block, Humanity Protocol founder Terence Kwok publicly responded for the first time after the project suffered an attack of approximately $36 million, stating that the team will reduce its focus on blockchain and decentralized identity projects and shift towards enterprise-level AI products and services.

Kwok stated that the attack originated from the developer's device being compromised, rather than a smart contract vulnerability; the probability of recovering the stolen funds is low, and the current focus will be on token migration, claims and compensation processes, as well as subsequent business reconstruction.

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