Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
Crypto Flexs
Home»ETHEREUM NEWS»Justin Sun’s Heco Bridge and HTX Exchange Target $100 Million+ Cryptocurrency Attack
ETHEREUM NEWS

Justin Sun’s Heco Bridge and HTX Exchange Target $100 Million+ Cryptocurrency Attack

By Crypto FlexsNovember 26, 20232 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Justin Sun’s Heco Bridge and HTX Exchange Target 0 Million+ Cryptocurrency Attack
Share
Facebook Twitter LinkedIn Pinterest Email

Cryptocurrency entrepreneur Justin Sun confirmed that two platforms linked to him, HTX exchange and Heco bridge, were attacked.

“HTX and Heco cross-chain bridges were attacked by hackers. HTX fully compensates for HTX’s hot wallet losses. Deposits and withdrawals will be temporarily suspended. All funds at HTX are safe and the community can rest assured. We are investigating the specific reason for the hacker attack. “We plan to resume service after completing the investigation and determining the cause.”

Blockchain security company Cybers Alerts estimated the loss from the attack to be more than $100 million. Meir Dolev, Chief Technology Officer at Cybers Alerts, said:

“is detecting several suspicious transactions. HTX_Global With a hot wallet HECO_Chain The total value of the bridges, probably built by the same agency, is $100 million.”

hacking

According to multiple reports from blockchain security companies, Heco Bridge appears to have suffered a $87 million leak.

On-chain security company CertiK reported It added that $87 million was transferred suspiciously from the Heco bridge and the funds were split between multiple wallets.

Another security company, PeckShield, confirmed It was leaked that this incident is related to a hacked operator who has been active since October of last year.

The stolen assets include $346,994 TUSD stablecoin, over 40,000 LINK from Chainlink (worth over $600,000), $619,000 USDC, and 173,200 UNI tokens from Uniswap (about $931,000).

Other assets involved in the theft include approximately 350 million SHIB tokens worth $2.8 million, 489 Heco-Peg Bitcoins worth $18.8 million, $42 million USDT, and 10,000 ETH worth approximately $19 million. There are more than that.

Cybers Alerts stated that all stolen assets were converted to Ethereum and distributed to various Externally Owned Accounts (EOAs).

The security firm added that HTX’s hot wallet appears to have been compromised by the same attackers, resulting in $12.4 million being moved from the platform.

Meanwhile, the attack represents the third major compromise to a Sun-linked platform in recent times. Earlier this month, CryptoSlate In 2019, Poloniex, a cryptocurrency exchange purchased by a cryptocurrency entrepreneur, reported a $100 million hack.

Before that, HTX was exploited. $7.9 million in September. But the attacker return All assets have been withdrawn from the platform.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Bitcoin dives for less than $ 102K in fading momentum and macroscopic uncertainty.

June 6, 2025

Enterprise Ethereum Alliance accelerates strategic vision with new leadership and board promises -Enterprise Ethereum Alliance

June 5, 2025

Checkpoint #3: June 2025 Stats Ether Leeum Foundation Blog

June 4, 2025
Add A Comment

Comments are closed.

Recent Posts

ZK-Proof Blockchain Altcoin Lagrange (LA) New Coinbase

June 6, 2025

ZK-Proof Blockchain Altcoin Lagrange (LA) New Coinbase

June 6, 2025

Bitfinex updates version 1.116 improved platforms

June 6, 2025

Encryption leverage: 2025 trend and change analysis

June 6, 2025

Why DEGO Price tank 60%after moving USD1 Stablecoin

June 6, 2025

SEI Network opens up the way of autonomous AI economy.

June 6, 2025

SEI hit 621K wallet and $ 930m tvL, but two regions should pay attention.

June 6, 2025

Bitcoin Is An Unreplicable Lifeline In Authoritarian Regimes

June 6, 2025

COREWEAVE is a NVIDIA GB200 Super Chip that achieves recorded MLPERF benchmarks.

June 6, 2025

Bitcoin dives for less than $ 102K in fading momentum and macroscopic uncertainty.

June 6, 2025

Arca EXEC writes a scratch on Circle after IPO

June 6, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

ZK-Proof Blockchain Altcoin Lagrange (LA) New Coinbase

June 6, 2025

ZK-Proof Blockchain Altcoin Lagrange (LA) New Coinbase

June 6, 2025

Bitfinex updates version 1.116 improved platforms

June 6, 2025
Most Popular

Veve launches new Veve Comics platform featuring exclusive Marvel NFTs.

March 17, 2024

Prager Metis, FTX Investigation Negligence Settle SEC Charges

September 17, 2024

Dogecoin’s price journey amid Musk’s AI business announcement

December 10, 2023
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.