HTX exchange loses $13.6M in hot wallet hack: Report By Cointelegraph
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HTX, formerly Huobi Global, suffered an estimated loss of $13.6 million as part of a $86.6 million exploit against the HECO Chain bridge on Nov. 22.
According to a report from blockchain security firm Cyvers, the losses stem from three compromised hot wallets, with users and exchange assets swapped for Ether (ETH) and distributed to various addresses thereafter. Among other coins and tokens, Cyvers said that 1,240 ETH, 7.3 million USDT (USDT), 1.78 million (USDC), and 62,200 LIN (LINK) were drained during the attack.
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HTX, formerly Huobi Global, suffered an estimated loss of $13.6 million as part of a $86.6 million exploit against the HECO Chain bridge on Nov. 22.
According to a report from blockchain security firm Cyvers, the losses stem from three compromised hot wallets, with users and exchange assets swapped for Ether (ETH) and distributed to various addresses thereafter. Among other coins and tokens, Cyvers said that 1,240 ETH, 7.3 million USDT (USDT), 1.78 million (USDC), and 62,200 LIN (LINK) were drained during the attack.
Continue Reading on Cointelegraph
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