On November 22, Justin Sun-linked cryptocurrency exchange HTX (formerly Huobi) commented on a recent attack on the platform that resulted in a multi-million dollar loss.
Earlier this week, reports emerged that HTX and the HECO network were hacked by unknown parties who withdrew assets worth a combined $110 million.
Representatives of the HTX company went to
“Huobi HTX is expected to resume deposit and withdrawal services within 24 hours. The specific resumption time will be notified again. Please pay attention to the platform announcement.”
HTX team
Initially, security specialists from the Cyvers Alerts service announced the hack. According to Cyvers, a minimum of $86.6 million was withdrawn from Heco Bridge and another $23.4 million was withdrawn from HTX.
Information about the hack was later confirmed by Justin Sun, an advisor to the affected exchange, who added that HTX will fully compensate for the losses.
Prior to this, unknown hackers accessed one of the wallets of the Poloniex exchange, which also belongs to Sun. Later, the company’s management offered the hacker a reward of $10 million for the return of the money. That reward has so far not been accepted.
During the third quarter of 2023, the cryptocurrency sector suffered a total loss of almost $890 million due to hacks, scams, and pulls.
