HTX Huobi Exchange Hacked for 5,000 ETH, Justin Sun: Nearly 8 Million RMB "Minor Loss," CZ Jokes: Change the Name

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HTX Huobi Exchange Hacked for 5,000 ETH, Justin Sun: Nearly 8 Million RMB "Minor Loss," CZ Jokes: Change the Name

HTX, Huobi's native token, was hacked for nearly 5000 ETH, worth $7.88 million. Justin Sun stated: "The loss is minimal, and I will fully compensate for it." CZ jokingly remarked: "You got the name wrong."

HTX Huobi Global Exchange Hacked, 5000 ETH Stolen

@CyversAlerts reported that a wallet address irregularly withdrew 5000 ETH from the HTX Huobi hot wallet yesterday. Despite the warning, there was no immediate response at the time.

Hacked Transaction

Hacker Address 1: 0xdb1D74467c9042517A354304256E0d658D8AEC83

Hacker Address 2: 0x799982b75Ba538F211871cBa50Fa1A42ADa9ab5E

HTX Huobi Warns Through Blockchain Message

"We have verified your real identity. Please return the funds to 0x18709E89BD403F470088aBDAcEbE86CC60dda12e. We will provide you with a 5% white hat bonus. This offer is valid for 7 days, with a deadline of October 2, 2023. If you do not return the funds by the deadline, we will involve the judicial authorities." Blockchain Message

Hacked But Silent?

Venture partner Adam Cochran questioned why HTX, knowing they were hacked and sending a blockchain message to the hacker, did not notify users. The direct transfer of funds from the hot wallet clearly indicates a leaked private key.

Justin Sun: Nearly 8 Million Euros "Minor Loss," Will Fully Compensate!

Justin Sun stated that the losses will be fully compensated, ensuring the safety of both users and the platform. He further stated, "Compared to the $3 billion in assets held by HTX users, $8 million is a very small number. This is also equivalent to just two weeks of revenue for the HTX platform. After discovering the issue yesterday (September 24, 2023, at 6 pm Singapore time), HTX Huobi took swift action to prevent any further losses."

CZ Jokes: You Just Changed Your Name to Something Similar to FTX

Binance founder Changpeng Zhao commented, "You just changed your name to something similar to FTX a week ago...".

He then mentioned that it was a joke and they will fully assist in tracking down the hacker.