Hacker stole $8 million worth of ethers from HTX crypto exchange

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Tron founder and advisor of the HTX cryptocurrency exchange Justin Sun reported on the HTX (formerly Huobi) hack, during which hackers stole 5,000 ethers. The exchange fully covered users ' losses.

Justin Sun said on the social network X (Twitter) that security specialists immediately detected the hack and took prompt measures to prevent further losses. Now trading operations on the platform are carried out as usual, and client funds are safe.

HTX @HTX_Global has suffered a loss of 5,000 #Eth ($8 million USD) due to a hacker attack. HTX has fully covered the losses incurred from the attack and has successfully resolved all related issues. All user assets are #SAFU and the platform is operating completely normally. — H.E. Justin Sun 孙宇晨 (@justinsuntron) September 25, 2023

Sun also shared the Ethereum addresses associated with the hacker — "0x799" and "0xdb1", which holds about $6.3 million. Sun assured that $8 million is a relatively small amount compared to user assets of $3 billion. This is the two-week revenue of the HTX platform.

The management of the exchange tried to convince the hacker to return the stolen funds, offering him a reward of 5% of the stolen amount ($400,000). If the attacker returns the stolen crypto assets, the exchange will consider hiring this person as a security consultant. However, if the funds are not returned within seven days, the exchange will pass on the information to law enforcement agencies.

Huobi recently rebranded itself for its tenth anniversary. Some users were concerned that the new name HTX bears a resemblance to the failed FTX crypto exchange. In August, the platform's stablecoin reserves fell by 30% after rumors of a crisis surfaced in the company.
 
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