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Market News

Justin Sun’s HTX Restores Bitcoin Operations Post-Hack

Written By Vismaya V Vismaya V
Published November 27, 2023 1:53 AM·Updated 10 months ago
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Justin Sun has announced that HTX, a cryptocurrency exchange linked to him, has successfully restored Bitcoin deposits and withdrawals after a hacking incident. 

In a statement on social media, Sun mentioned that major currencies like BTC, ETH, TRX, and USDT are now fully operational on HTX. 

#Bitcoin (#BTC) deposits and withdrawals have now been fully reinstated on @HTX_Global. As of now, all major currencies including BTC, ETH, TRX, and USDT are available for complete deposit and withdrawal functionality on HTX.

— H.E. Justin Sun 👨‍🚀 🌞 (@justinsuntron) November 26, 2023

Both HTX and Poloniex, another Sun-backed exchange, recently experienced separate hacking incidents, potentially resulting in a combined loss of over $110 million in cryptocurrencies. 

Sun confirmed the HTX hack last week, and a spokesperson for HTX revealed that around $30 million in cryptocurrencies were taken from its exchange wallet at that time. Sun had previously unveiled the rebranding of the Huobi exchange to HTX in Singapore on September 13.

Also Read: Justin Sun Announces Epic Airdrop for HTX and Poloniex Users

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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