HTX “Huobi’s” Hot Wallet Attacked, resulting in $7.9 Million Loss!

Crypto Live News

Author: Mustafa Mulla

Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017.

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A hot wallet belonging to HTX, formerly known as Huobi, was reportedly attacked, resulting in a loss of $7.9 million. The cyberattack was confirmed by cybersecurity firm Cyber Alerts, which reported that the attackers targeted the wallet, which contains cryptocurrencies that are available for immediate transactions. The identity of the attacker remains unknown, but HTX informed them via Etherscan that their true identity had been confirmed, requesting a return of funds and offering a 5% “white hat” bonus valid until October 2, 2023. It is unclear whether the hacker will comply with the request.

Source: https://coinpedia.org/crypto-live-news/htx-huobis-hot-wallet-attacked-resulting-in-7-9-million-loss/