News

Humanity Protocol's native token collapsed more than 80% following a hack in which attackers exploited a compromised private key to steal approximately $32 million. The breach represents a significant security failure for the project, with the private-key exploit enabling unauthorized access to funds. The token's sharp decline reflects immediate market reaction to the loss of funds and confidence in the protocol's security.

The Pentagon has added Alibaba, Baidu, BYD, WuXi AppTec, RoboSense, Unitree, CXMT, and YMTC to its 1260H list of China military-linked companies, barring direct DoD contracts from later this month and third-party procurement through June 2027. The designations stop short of formal sanctions or export blacklist status, but indirect restrictions could force US defence contractors to sever ties with listed firms. Alibaba and WuXi AppTec disputed their listings and said they would pursue legal action; Baidu ADRs fell 2.1% while Alibaba and BYD each dropped 0.8% on the news.

The Dutch Authority for Consumers and Markets (ACM) has prohibited the proposed acquisition by Glaspoort — a joint venture involving KPN — of approximately 200,000 fiber-to-the-home connections from DELTA Fiber. KPN has noted the regulator's decision. The deal is now blocked following the ACM's ruling.