According to The Block, Terence Kwok, founder of Humanity Protocol, stated that the project is shifting from identity and blockchain positioning to enterprise level AI products after experiencing a $36 million hacker attack that resulted in the theft of the vault and a drop of approximately 89% in H tokens. This attack originated from the intrusion of a developer's laptop, where the attacker obtained the private key of a Humanity Foundation member through phishing emails and sold tokens. Terence Kwok admits that the probability of recovering funds is very low, and the team will rebuild the ecosystem through token migration and compensation claims process. The team has reported the case to law enforcement agencies in Hong Kong and multiple places, and is promoting identity and asset certification products for AI enterprises.
