Cryptocurrency exchange HTX, known as Huobi Global, said it would resume deposits and withdrawals within 24 hours after suffering a $30 million exploit on November 22. The exploit was reported to be worth $13.6 million at the time of the incident, but has since increased. value.
In a statement, the exchange promised to “compensate in full for losses resulting from this attack and ensure 100% safety of user funds.” In addition, he said, “The amount of funds lost by Huobi HTX this time is a very small amount of the total funds on the platform,” and “HTX’s ‘normal operation’ was not affected by this incident.”
The day before, HTX suffered a $30 million hack to the exchange’s hot wallet, along with an $86.6 million coordinated attack on the HTX Eco (HECO) chain bridge, comprised of HTX, Tron, and BitTorrent. All of the aforementioned entities are connected to or effectively controlled by Chinese blockchain entrepreneur Justin Sun.
As with previous incidents, HTX said, “Protection of user assets and information security are our greatest responsibilities,” and “We will take all necessary measures to prevent such incidents from recurring.” In the past two months, HTX and other Sun-linked companies have been hacked four times. The largest was the $100 million Poloniex exchange exploit on November 10, which resulted from an apparent compromise of private keys.
Afterwards, Sun said, “We are investigating the specific reason why the hacker attack occurred.” “We plan to resume service after completing the investigation and determining the cause.” A $10 million white hat bounty is still open at the time of publication for the return of funds stolen in the $100 million Poloniex exploit.
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