Htx Launches Bitcoin And Ether Services After A $30 Million Attack

Justin Sun has announced that services related to other cryptocurrencies will be gradually restored, and he expects all services to be back to normal by next week.

On November 22, HTX, the crypto exchange associated with Justin Sun, which fell victim to a $30 million exploit, has announced that it has resumed Bitcoin deposit and withdrawal services.

In a blog post dated November 26, HTX revealed that deposit and withdrawal operations for various cryptocurrencies such as BTC, Ether, Tron, and Tether have been restored.

Later, Justin Sun shared on his Twitter account that HTX has plans to gradually restore the remaining cryptocurrencies and expects the process to be completed "by next week."

The majority of the work has been accomplished, and we aim to restore the remaining currencies gradually in the next few days, with all work expected to be completed by next week.

— H.E. Justin Sun 孙宇晨 (@justinsuntron) November 26, 2023

Approximately $30 million was stolen from the hot wallets of the HTX exchange. This incident marks the fourth hacking event on crypto platforms controlled or associated with Sun in the last two months.

On the same day, HTX, under Sun's management, suffered an attack on its HTX Eco Chain bridge on the HECO Chain, resulting in a loss of $86.6 million.

In addition, Poloniex, the crypto exchange owned by Sun, was subjected to a $100 million attack on November 10. Blockchain security firm CertiK stated that this attack likely originated from the compromise of the wallet's private key.

Shortly after rebranding as HTX from Huobi, an attacker stole approximately $8 million worth of cryptocurrencies from the exchange's hot wallet on September 24.