{"id":33064,"date":"2023-11-23T15:52:34","date_gmt":"2023-11-23T19:52:34","guid":{"rendered":"http:\/\/cryptocornercafe.com\/cafe\/?p=33064"},"modified":"2023-11-23T15:52:34","modified_gmt":"2023-11-23T19:52:34","slug":"htx-recommence-operations-after-temporary-halt-due-to-hack","status":"publish","type":"post","link":"http:\/\/cryptocornercafe.com\/cafe\/2023\/11\/23\/htx-recommence-operations-after-temporary-halt-due-to-hack\/","title":{"rendered":"HTX Recommence Operations After Temporary Halt Due to Hack"},"content":{"rendered":"

Cryptocurrency exchange HTX (formerly Houbi) has recently announced<\/a> its resumptions of operations after being halted for a while due to a recent exploit.\u00a0<\/p>\n

HTX To Resume Services Later Today<\/h2>\n

HTX, one of the world\u2019s leading crypto exchanges, has confirmed the resumptions of its withdrawal and deposit services later today. However, the crypto company should have provided a specific time for the resumption. The crypto exchange said:<\/p>\n

In addition, HTX (Huobi)<\/a> 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.<\/p>\n

The announcement also saw the crypto firm asserting that the recent hack has been \u201cappropriately handled.\u201d This ultimately led to halting the platform\u2019s services to prevent more losses.<\/p>\n

Furthermore, the crypto exchange has once again asserted its promises to compensate its users for their losses due to the recent hack. The platform stated:<\/p>\n

Huobi HTX<\/a> has now properly handled this attack. Huobi HTX once again promises to fully compensate for the losses caused by this attack and 100% guarantee the safety of user funds.<\/p>\n

The crypto platform stated that the funds lost in the hack were \u201csmall\u201d compared to its total funds. The company\u2019s operations are unaffected. The crypto platform stated:<\/p>\n

The amount of funds lost by Huobi HTX this time accounts for a \u201cvery small amount\u201d of the total funds of the platform. The normal operation of Huobi HTX will not be affected by this. Users should rest assured.<\/p>\n

The Crypto Exchange Fell Victim To Hack<\/h2>\n

On Wednesday, November 22, HTX and blockchain protocol Heco Chain experienced an exploit amassing over $100 million in several assets.\u00a0<\/p>\n

The hack was detected by on-chain investigator Cyvers Alerts<\/a>, alerting the platform of the transactions. According to Cyvers Alert, the total assets lost by HTX were around $23 million, while Heco Chain lost over $85 million.<\/p>\n

The platform\u2019s advisor, Justin Sun, later confirmed the hack in a post<\/a>. The advisor took to X (formerly Twitter) to shed more light on the hack and the company\u2019s intention in handling it.<\/p>\n

The exploit comes after an October $8 million attack on HTX. The attack resulted in about 500 Ethereum<\/a> stolen from the exchange. However, in the days that followed the tragedy, all losses were completely compensated.<\/p>\n

So far, the company has expressed its commitment to preventing such hacks from ever retaking place. Meanwhile, its customers\u2019 well-being will be its highest responsibility.<\/p>","protected":false},"excerpt":{"rendered":"

<\/p>\n

Cryptocurrency exchange HTX (formerly Houbi) has recently announced<\/a> its resumptions of operations after being halted for a while due to a recent exploit.\u00a0<\/p>\n

HTX To Resume Services Later Today<\/h2>\n

HTX, one of the world\u2019s leading crypto exchanges, has confirmed the resumptions of its withdrawal and deposit services later today. However, the crypto company should have provided a specific time for the resumption. The crypto exchange said:<\/p>\n

In addition, HTX (Huobi)<\/a> 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.<\/p>\n

The announcement also saw the crypto firm asserting that the recent hack has been \u201cappropriately handled.\u201d This ultimately led to halting the platform\u2019s services to prevent more losses.<\/p>\n

Furthermore, the crypto exchange has once again asserted its promises to compensate its users for their losses due to the recent hack. The platform stated:<\/p>\n

Huobi HTX<\/a> has now properly handled this attack. Huobi HTX once again promises to fully compensate for the losses caused by this attack and 100% guarantee the safety of user funds.<\/p>\n

The crypto platform stated that the funds lost in the hack were \u201csmall\u201d compared to its total funds. The company\u2019s operations are unaffected. The crypto platform stated:<\/p>\n

The amount of funds lost by Huobi HTX this time accounts for a \u201cvery small amount\u201d of the total funds of the platform. The normal operation of Huobi HTX will not be affected by this. Users should rest assured.<\/p>\n

The Crypto Exchange Fell Victim To Hack<\/h2>\n

On Wednesday, November 22, HTX and blockchain protocol Heco Chain experienced an exploit amassing over $100 million in several assets.\u00a0<\/p>\n

The hack was detected by on-chain investigator Cyvers Alerts<\/a>, alerting the platform of the transactions. According to Cyvers Alert, the total assets lost by HTX were around $23 million, while Heco Chain lost over $85 million.<\/p>\n

The platform\u2019s advisor, Justin Sun, later confirmed the hack in a post<\/a>. The advisor took to X (formerly Twitter) to shed more light on the hack and the company\u2019s intention in handling it.<\/p>\n

The exploit comes after an October $8 million attack on HTX. The attack resulted in about 500 Ethereum<\/a> stolen from the exchange. However, in the days that followed the tragedy, all losses were completely compensated.<\/p>\n

So far, the company has expressed its commitment to preventing such hacks from ever retaking place. Meanwhile, its customers\u2019 well-being will be its highest responsibility.<\/p>\n

<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"colormag_page_layout":"default_layout","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[82],"tags":[],"class_list":["post-33064","post","type-post","status-publish","format-standard","hentry","category-blockchain"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/posts\/33064","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/comments?post=33064"}],"version-history":[{"count":1,"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/posts\/33064\/revisions"}],"predecessor-version":[{"id":33078,"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/posts\/33064\/revisions\/33078"}],"wp:attachment":[{"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/media?parent=33064"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/categories?post=33064"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/tags?post=33064"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}