On November 22nd, 2023, Huobi HTX, previously known as Huobi Global, experienced a significant security breach. This attack led to a substantial loss, initially estimated at $13.6 million but later valued at approximately $30 million. This incident marks another in a series of cybersecurity challenges faced by cryptocurrency exchanges and related platforms.
Following the attack, Huobi HTX issued a statement to its users, reassuring them about the security of their funds. The exchange committed to fully compensating the losses incurred due to the attack, emphasizing its dedication to user fund safety. Despite the substantial loss, HTX clarified that the incident had a minimal impact on the platform’s overall financial health and would not affect its normal operations.
Huobi HTX announced plans to resume deposit and withdrawal services within 24 hours of the incident. In line with its commitment to security, HTX highlighted the…
