Cryptocurrency exchange HTX, formerly known as Huobi, has announced the resumption of its operations after a recent exploit. The exchange confirmed that its withdrawal and deposit services will be available later today, although a specific time was not provided. HTX also assured its users that the recent hack has been appropriately handled and that it will fully compensate for any losses incurred. The amount of funds lost in the hack was described as small compared to the platform’s total funds, and the normal operation of HTX is unaffected. The hack, which resulted in over $100 million in assets being stolen, was detected by on-chain investigator Cyvers Alerts. HTX lost around $23 million, while Heco Chain lost over $85 million. The platform’s advisor, Justin Sun, confirmed the hack and emphasized the company’s commitment to preventing future attacks.

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Information	Details
Geography	Asia
Countries	🇨🇳
Sentiment	neutral
Relevance Score	1
People	Justin Sun
Companies	Houbi, X, Cyvers Alerts, HTX, Heco Chain
Currencies	Ethereum, Bridged Tether, Huobi
Securities	None