HTX Resumes Bitcoin Operations
Date: 2023-11-30 Author: Dima Zakharov Categories: BUSINESS
The HTX cryptocurrency exchange has made strides in restoring its functionality, allowing users to conduct transactions involving Bitcoin and several other major cryptocurrencies. Justin Sun expressed that most of the restoration work has been completed, anticipating the full completion of all operations by the following week.
According to a press release on November 27, withdrawal services have been reinstated for USDC, APE, USDT, and a few others. Furthermore, the exchange has announced plans to reward users through an airdrop.
This move follows a cyberattack on November 22, which targeted HTX's hot wallet and the Heco Bridge cross-chain mechanism. Just a few days before this incident, Poloniex, owned by Sun, suffered a hack resulting in the loss of $125 million in cryptocurrencies. Sun reported successfully identifying and freezing a portion of the hacker's assets.
He initially proposed a reward of 5% of the stolen amount for the return of the coins, later increasing the reward to $10 million.
