Humanity Protocol repositions toward enterprise AI after $36 million hack, founder says

The Block·

Humanity Protocol repositions toward enterprise AI after $36 million hack, founder says

60-second summary

Humanity Protocol is repositioning towards enterprise AI after a $36 million hack, according to founder Terence Kwok. He states that the project's focus has shifted due to a significant exploit, with low chances of recovering the stolen funds. This pivot aims to leverage AI capabilities for enterprise applications, potentially mitigating the financial losses incurred.

Humanity Protocol founder Terence Kwok says the project is pivoting to enterprise AI after a $36 million exploit, with fund recovery odds low.