Cryptocurrency exchange HTX, formerly known as Huobi Global, announced its intention to resume deposits and withdrawals within a day after experiencing a $30 million attack on November 22. Initially, the vulnerability was estimated at $13.6 million, but its value has surged since the incident occurred.
In their official statement, the exchange assured users of full compensation for the losses caused by the attack and a complete guarantee of user fund safety. HTX emphasized that the amount lost in the attack constituted a minute portion of the platform's total funds. The announcement reiterated that the incident had not disrupted HTX's regular operations.
A day earlier, HTX's exchange hot wallet was breached in a $30 million hack, while the HTX Eco (HECO) chain bridge, involving HTX, Tron, and BitTorrent, suffered an $86.6 million orchestrated attack. Notably, these entities are linked to Chinese blockchain entrepreneur Justin Sun or are under his control. HTX reiterated its commitment to prioritizing user asset protection and vowed to implement necessary measures to prevent similar incidents in the future. Over the past couple of months, HTX and other Sun-associated entities have encountered four hacks. The most significant breach occurred on November 10 at the Poloniex exchange, resulting in a $100 million loss due to an apparent private key leak.
Justin Sun addressed the situation by affirming ongoing investigations into the hack's specific cause, pledging to restore services once the investigation concludes. At present, a portion of the funds stolen in the $100 million Poloniex exploit has been returned, while a $10,000 white hat reward remains unclaimed.
