HTX, the crypto exchange formerly known as Huobi, has restored Bitcoin deposit and withdrawal services after a significant $30 million exploit on November 22. In a recent announcement, HTX confirmed the resumption of services for multiple currencies, including Bitcoin, Ether, Tron, and Tether.
Justin Sun, linked with HTX, indicated on Twitter that the exchange plans to gradually restore functionalities for other cryptocurrencies as well, targeting full service resumption by the following week. This move comes after HTX's exchange hot wallets were drained of $30 million, marking one of the several security breaches on Sun-linked or controlled crypto platforms in recent times. The incident sheds light on the ongoing challenges faced by crypto exchanges in ensuring robust security against sophisticated cyber threats.
Disclaimer: Please note that the information provided in this article is based on the referenced research articles. It is essential to conduct further research and analysis before making any investment decisions. The cryptocurrency market is highly volatile, and investors should exercise caution and consult with financial professionals before engaging in cryptocurrency trading or investment activities.