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ADA $0.1610 +4.58%
BCH $219.49 +2.52%
LINK $7.74 +4.58%
HYPE $66.23 +6.29%
AAVE $86.81 +1.35%
SUI $0.7352 +2.66%
XLM $0.1971 -1.19%
ZEC $433.04 +5.26%

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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