The renowned cryptocurrency exchange HTX, formerly known as Huobi Global, plans to resume deposits and withdrawals within 24 hours after a $13.6 million exploit on November 22.
The platform promises “to fully compensate for the losses caused by this attack and 100% guarantee the safety of user funds.” The incident was part of an $86.6 million attack on the HTX Eco (HECO) Chain bridge, impacting HTX, Tron (TRX), and BitTorrent (BTT), all associated with Chinese entrepreneur Justin Sun.
Despite the hack, HTX emphasizes that normal platform operations were unaffected. This marks the fourth hacking incident involving HTX and Justin Sun-related entities in the past two months.
Notably, a $100 million exploit on Poloniex occurred on November 10, prompting ongoing investigations and a $10 million white hat bounty for the return of stolen funds. HTX reiterates its commitment to enhancing security measures to prevent future incidents.
Also Reda: HTX Achieved a Profit of $98 Million in the Q3 2023
