Justin Sun Led HTX Crypto Exchange Triumphs Over DDoS Attack

• There was a brief outage of service due to the 15-minute DDoS assault on HTX and its DAO. 
• Yesterday, Manta Network was targeted by a distributed denial-of-service (DDoS).

After a recent Distributed Denial-of-Service (DDoS) assault, the services of Justin Sun led crypto exchange HTX and its decentralized autonomous organization (HTX DAO) have been restored.

The platforms’ resilience and sophisticated security mechanisms were on display during the short disruption of operations caused by the DDoS assault that occurred on Friday. 

Catastrophe Avoided

There was a brief outage of service due to the 15-minute DDoS assault on HTX and its DAO. Notwithstanding, the platforms showed incredible responsiveness in reducing the damage. Justin Sun confirmed the resurgence on twitter. He informed the community that their money was safe and commended them for their support.

Not for the first time has the exchange had to respond quickly to a security breach, such as this cyberattack. A major security breach occurred on the platform on November 10th of last year, resulting in the loss of around $97 million.

Nevertheless, the cryptocurrency exchange’s further actions and Justin Sun’s remarks, assured users that their funds were safeguarded. From its humble beginnings as an exchange, HTX has grown into a full-fledged blockchain ecosystem. Wallets, digital asset trading, financial derivatives, and other blockchain-related services are now part of this ecosystem.

Yesterday, layer-2 blockchain powered by zero-knowledge proof Manta Network was targeted by a distributed denial-of-service (DDoS) attack just as its tokens were being listed on multiple exchanges. On the same day, Manta tokens were listed for trade on various exchanges, such as KuCoin, Binance, and Bithumb. On January 18th, the blockchain’s nodes received over 135 million remote procedure call (RPC) calls.

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