In a surprising turn of events, the hacker responsible for stealing a large sum of Ethereum from HTX Global, formerly Huobi, has refunded the entire stolen amount for the white-hat bounty offered by the exchange. The breach occurred on Sept. 25, with the hacker stealing a total of 4,997 Ether (ETH) — valued at approximately $8 million as of press time. The exchange sent the hacker the promised bounty of $400,000 with a message attached that began with: “You have made the right choice.” As part of the refund process, the hacker left a note urging HTX to modify its system hot wallet address and minimize the system hot wallet rate, attributing the breach to private key leakage. In an immediate response to the attack, HTX advisor and TRON founder, Justin Sun, announced that the company had covered all the losses ensuring that all funds were safeguarded. He further revealed that the stolen sum was a minor fraction of the exchange’s total assets, approximated at $3 billion. Additionally, as an incentive for the return of the stolen assets, Sun offered a “Whitehat” reward of 5% — amounting to $400,000 — to the hacker. This offer came with the additional opportunity for the hacker to serve as a security Whitehat advisor for HTX, provided the funds were returned promptly. HTX Global, formerly Huobi, experienced a breach on Sept. 25, with the hacker stealing a total of 4,997 Ether (ETH) — valued at approximately $8 million as of press time. The exchange sent the hacker the promised bounty of $400,000 with a message attached that began with: “You have made the right choice.” The hacker refunded the entire stolen amount for the white-hat bounty offered by the exchange and left a note urging HTX to modify its system hot wallet address and minimize the system hot wallet rate, attributing the breach to private key leakage. In response to the attack, HTX advisor and TRON founder, Justin Sun, announced that the company had covered all the losses ensuring that all funds were safeguarded. He further revealed that the stolen sum was a minor fraction of the exchange’s total assets, approximated at $3 billion. Sun offered a “Whitehat” reward of 5% — amounting to $400,000 — to the hacker, with the additional opportunity for the hacker to serve as a security Whitehat advisor for HTX, provided the funds were returned promptly. The stolen funds were returned, restoring confidence in the exchange.
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 | neutral |
| Relevance Score | 8 |
| People | Lookonchain, Justin Sun, Zachxbt |
| Companies | Binance, Huobi, TRON, Mixin Network, HTX Global |
| Currencies | Bitcoin, mixin network, Ethereum, TRON |
| Securities | None |
