HTX to restore services 'within 24 hours' after $13.6M hack
"Huobi HTX has now properly handled this attack," the crypto exchange stated. Crypto exchange HTX, formerly Huobi Global, will resume deposits and withdrawals within 24 hours after suffering a $13.6 million exploit on Nov. 22. According to its official announcement, the exchange promised to "fully compensate for the losses caused by this attack and 100% guarantee the safety of user funds." In addition, developers wrote, "the amount of funds lost by Huobi HTX this time accounts for a very small amount of the total funds of the platform," noting that the "normal operations" of HTX were not affected by the incident. The day prior, Huobi suffered a $13.6 million hack to its exchange hot wallets as part of an orchestrated $86.6 million attack against the HTX Eco (HECO) Chain bridge, consisting of HTX, Tron (TRX), and BitTorrent (BTT). All three entities are linked or de-facto controlled by Chinese blockchain entrepreneur Justin Sun. Like previou...