HTX Global, formerly known as Huobi, faced a security breach Monday resulting in a loss of approximately $8 million in Ethereum (ETH) due to a hacker attack. The incident came to light through a detailed thread on the X platform (formerly Twitter) by Justin Sun.
“HTX has suffered a loss of 5,000 ETH ($8 million) due to a hacker attack. HTX has fully covered the losses incurred from the attack and has successfully resolved all related issues. All user assets are SAFU, and the platform is operating completely normally.” Wrote Sun sharing the hacker’s addresses.
The breach was swiftly detected by HTX’s security team on September 24, 2023, at 6 p.m. SGT and immediate action was taken to prevent any further losses.
There are suspicious transactions linked to the Mixin network, which recently experienced a substantial loss of $200 million. These transactions were traced back to HTX and Binance. However, despite their efforts to reach out to HTX, they received no response.