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

2026-07-02 23:52:44

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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