HTX (Huobi Global) to Resume Deposits and Withdrawals After $13.6 Million Exploit
Crypto exchange HTX, formerly known as Huobi Global, said it “has now properly handled this attack,” and it will resume deposits and withdrawals within 24 hours after suffering a $13.6 million exploit on Nov. 22.
In a Nov. 23 announcement on its official website, Huobi HTX responded to a recent security incident, pledging to fully compensate for the losses incurred and ensuring the complete safety of user funds. According to the statement, the funds lost in the attack constitute only a minimal portion of the platform’s total funds, and the normal operation of Huobi HTX remains unaffected, reassuring users.
In the statement, HTX said:
“Huobi HTX 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. The amount of funds lost by Huobi HTX this time accounts for a very small amount of the total funds of the platform. The normal operation of Huobi HTX will not be affected by this. Users should rest assured.”
Huobi HTX aims to mitigate the impact of the security breach by promising comprehensive compensation for any losses experienced by users. The platform emphasizes that the incident’s financial ramifications are limited, and users can have confidence in the ongoing operational integrity of Huobi HTX.
The announcement also conveys the platform’s commitment to swiftly restoring normal services, with Huobi HTX expected to resume deposit and withdrawal services within 24 hours. However, users are encouraged to stay informed by regularly checking the platform’s official announcements for updates on the specific timing of the service resumption.
In a series of concerning developments, HTX encountered a significant
