Humanity Protocol, a project focused on identity verification, is shifting its strategic focus toward enterprise artificial intelligence in the wake of a costly security breach. Founder Terence Kwok said the pivot follows a $36 million exploit that drained project funds, adding that the chances of recovering the stolen assets remain low. The decision marks a significant change in direction for the protocol, which had previously centered on decentralized identity solutions. By repositioning toward enterprise AI, the team appears to be seeking a new revenue path and use case after the financial setback. The incident underscores ongoing security risks facing crypto and blockchain-based projects, where large exploits can force fundamental changes to a company's roadmap and business model. Kwok's comments suggest the team is treating the pivot as a way to rebuild following the loss rather than winding down operations entirely.
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