Crypto exchange HTX, formerly known as Huobi Global, has announced that it will resume deposits and withdrawals within 24 hours after experiencing a $13.6 million exploit on November 22. The exchange has assured its users that it will fully compensate for the losses and guarantee the safety of user funds. Despite the incident, the normal operations of HTX were not affected. This attack was part of a larger orchestrated attack against the HTX Eco Chain bridge, which includes HTX, Tron, and BitTorrent. These entities are linked to Chinese blockchain entrepreneur Justin Sun. HTX has emphasized its commitment to protecting user assets and information security, and has experienced multiple hacks in the past two months. Justin Sun has stated that an investigation is underway to determine the cause of the attack, and services will resume once the investigation is complete. Additionally, a $10 million white hat bounty for the return of stolen funds from a previous exploit remains open.
This News Article was automatically generated by Bob the Bot (AI)
This News Article was automatically generated by Bob the Bot (AI)
| Information | Details |
|---|---|
| Geography | Asia |
| Countries | 🇨🇳 |
| Sentiment | negative |
| Relevance Score | 1 |
| People | Justin Sun |
| Companies | Huobi Global, Poloniex, BitTorrent, HTX, Tron |
| Currencies | Huobi, BitTorrent, TRON |
| Securities | None |
