On September 25th, Web3 Cyvers, a cybersecurity company, revealed that it had discovered a suspicious transaction related to HTX (formerly known as Huobi). Specifically, an EOA account received 5,000 ETH (approximately $7.9 million USD) from the exchange’s hot wallet.
Immediately after this news spread, Justin Sun, HTX’s global advisor, confirmed the hack incident. He stated, “HTX will bear all the losses caused by this attack, and the exchange’s team is working diligently to rectify the situation… All user assets are safe since the stolen amount is relatively small compared to the $3 billion in assets that the exchange holds, and the platform is still operating normally.”
Currently, the exchange is making efforts to rectify the incident and minimize losses. Additionally, HTX has announced that it will allocate 5% of the stolen funds ($400,000 USD) as a reward and is even willing to hire the hacker as a white-hat security consultant for HTX if the hacker returns the funds.
“We have verified your true identity. Please return the funds to address 0x18709E89BD403F470088aBDAcEbE86CC60dda12e. We will reward you with 5%. This offer is valid for 7 days and will expire on October 2, 2023. If you do not return the funds before the final transaction date, we will seek legal intervention.”
Meanwhile, Changpeng Zhao stated that Binance would cooperate with HTX to address this hack: “Our security team will assist in tracking the hacker’s funds in any way possible.”