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Humanity Protocol shifts to enterprise AI after $36M hack and token crash

Market News
02 Jul 2026
Crypto Briefing
View Source
Bearish
pluang ai news

Humanity Protocol suffered a $36 million hack in June 2026 when attackers accessed a developer's private keys via a phishing email, draining funds from multisig wallets and minting new tokens to crash the H token price by up to 90%. The project is now pivoting from its original decentralized identity focus to enterprise AI, launching a new audited token and planning an airdrop to compensate holders. This incident highlights risks in multisig wallet security tied to human error and raises broader concerns about operational security in crypto projects.

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