August 18, 2026, 11:44AM EDT

Breaking Down The Humanity Protocol Exploit with Founder Terence Kwok

Terence Kwok, Founder, Humanity Protocol

Back to The Starting Block

Episode 2 of The Starting Block, hosted by The Block's Gareth Jenkinson, was broadcasted live with Humanity Protocol Founder Terence Kwok.



Humanity Protocol Founder Terence Kwok joins Gareth Jenkinson on The Starting Block to talk about the $36 million exploit from a hacked developer laptop, getting roasted online / accused of being an inside-job from the team, and plans for the token migration and recovery moving forward. Andre Dragosch, Bitwise Europe European Head of Research, joins Gareth for today's Market Pulse. They discuss Bitcoin's volatility and accumulation clues around cycle lows, altcoins continuing to underperform as risk-off trade, and why Fed monetary policy continues to be the catalyst we're watching for the next upward move.

OUTLINE
04:29 - Show Introduction & Format
06:21 - Securitize NYSE Debut
07:10 - MetaPlanet Q2 Bitcoin Buy
08:07 - Kash Patel Strategy Disclosure
09:15 - American Bitcoin Reverse Split
10:03 - Prediction Markets Volume Surge
10:53 - Venice AI Series A Raise
11:44 - June Crypto Hacks Roundup
15:34 - Market Pulse: Bitcoin & Macro
22:30 - Altcoin Underperformance & Fed
30:51 - The Exploit: What Happened
41:56 - Recovery Plan & Pivot Ahead

Guest links:
Terence Kwok - https://x.com/terencekwok
Humanity Protocol - https://x.com/Humanityprot
Andre Dragosch - https://x.com/Andre_Dragosch

Host links:
Gareth Jenkinson - https://x.com/gazza_jenks
The Block - https://x.com/TheBlockCo
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