{"id":196822,"date":"2023-12-11T07:40:04","date_gmt":"2023-12-11T07:40:04","guid":{"rendered":"https:\/\/tokenstalk.info\/?p=196822"},"modified":"2023-12-11T07:40:04","modified_gmt":"2023-12-11T07:40:04","slug":"crypto-exchange-htx-sees-outflows-top-258m-following-exploit","status":"publish","type":"post","link":"https:\/\/tokenstalk.info\/crypto\/crypto-exchange-htx-sees-outflows-top-258m-following-exploit\/","title":{"rendered":"Crypto exchange HTX sees outflows top $258M following exploit"},"content":{"rendered":"<p>Crypto investors have been moving their assets away from crypto exchange HTX (formerly Huobi) following a Nov. 22 exploit that saw the exchange pause its services and lose a total of $30 million.\u00a0<\/p>\n<p>Between Nov. 25 \u2014 the day that HTX resumed its services \u2014 and Dec. 10, the exchange had some $258 million in net outflows, according to data from DefiLlama.<\/p>\n<p><img decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2023-12\/3b0e60d0-51ed-4ffb-940b-d9085270407c.png\"><\/p>\n<p>DefiLlama data shows HTX\u2019s reserves comprise 32.3% Bitcoin (BTC) and 31.8% Tron (TRX). TRX is the native currency of the Tron network, a blockchain launched by Sun in 2017. <\/p>\n<p>At the time of publication, HTX is the 16th largest crypto exchange by daily trading volume, with a total of $1.6 billion in trading volume in the last 24 hours, per CoinMarketCap data. <\/p>\n<p>Following HTX\u2019s restart on Nov. 25, Sun promised any affected HTX users that they would be fully compensated for the hot wallet losses and said a probe was underway. <\/p>\n<p>Over the past two months, HTX and other Sun-linked entities, such as crypto exchange Poloniex and the HTX Eco Chain (HECO) bridge, have been hacked a total of four times. <\/p>\n<p>The first HTX hack occurred less than two weeks after the exchange rebranded itself to HTX, with an unknown attacker stealing nearly $8 million in crypto on Sept. 24, 2023.<\/p>\n<p><strong><em>Related: <\/em><\/strong><strong><em>Security audits \u2018not enough\u2019 as losses reach $1.5B in 2023, security professional says<\/em><\/strong><\/p>\n<p>The largest of the exploits was the $100 million Poloniex exchange exploit on Nov. 10, allegedly caused by a private key compromise.<\/p>\n<p>HTX\u2019s HECO Chain bridge \u2014 a tool designed for moving digital assets between HTX and other blockchain networks \u2014 also suffered a massive breach on Nov. 22. Hackers compromised HECO and sent at least $86.6 million to suspicious addresses.<\/p>\n<p>Meanwhile, November was the worst month for crypto theft in 2023, with hackers and other malicious actors making off with $363 million of ill-gotten digital assets.<\/p>\n<p>Cointelegraph contacted HTX for comment but did not receive an immediate response. <\/p>\n<p><strong><em>Magazine: <\/em><\/strong><strong><em>Lawmakers\u2019 fear and doubt drives proposed crypto regulations in US<\/em><\/strong><\/p>\n<p>Source: <a href=\"https:\/\/cointelegraph.com\/news\/crypto-exchange-htx-outflow-258-million-hack-november\" target=\"_blank\" rel=\"noopener\">Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Crypto investors have been moving their assets away from crypto exchange HTX (formerly Huobi) following&#8230;<\/p>\n","protected":false},"author":4,"featured_media":196821,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Crypto exchange HTX sees outflows top $258M following exploit - Tokens Talk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tokenstalk.info\/crypto\/crypto-exchange-htx-sees-outflows-top-258m-following-exploit\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Crypto exchange HTX sees outflows top $258M following exploit - Tokens Talk\" \/>\n<meta property=\"og:description\" content=\"Crypto investors have been moving their assets away from crypto exchange HTX (formerly Huobi) following...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/tokenstalk.info\/crypto\/crypto-exchange-htx-sees-outflows-top-258m-following-exploit\/\" \/>\n<meta property=\"og:site_name\" content=\"Tokens Talk\" \/>\n<meta property=\"article:published_time\" content=\"2023-12-11T07:40:04+00:00\" \/>\n<meta name=\"author\" content=\"mediabest\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/tokenstalk.info\/wp-content\/uploads\/2023\/12\/Crypto-exchange-HTX-sees-outflows-top-258M-following-exploit.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"mediabest\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/tokenstalk.info\/crypto\/crypto-exchange-htx-sees-outflows-top-258m-following-exploit\/\",\"url\":\"https:\/\/tokenstalk.info\/crypto\/crypto-exchange-htx-sees-outflows-top-258m-following-exploit\/\",\"name\":\"Crypto exchange HTX sees outflows top $258M following exploit - Tokens Talk\",\"isPartOf\":{\"@id\":\"https:\/\/tokenstalk.info\/#website\"},\"datePublished\":\"2023-12-11T07:40:04+00:00\",\"dateModified\":\"2023-12-11T07:40:04+00:00\",\"author\":{\"@id\":\"https:\/\/tokenstalk.info\/#\/schema\/person\/6f5c93d641f4dc4ea25a3807d041e4ab\"},\"breadcrumb\":{\"@id\":\"https:\/\/tokenstalk.info\/crypto\/crypto-exchange-htx-sees-outflows-top-258m-following-exploit\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/tokenstalk.info\/crypto\/crypto-exchange-htx-sees-outflows-top-258m-following-exploit\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/tokenstalk.info\/crypto\/crypto-exchange-htx-sees-outflows-top-258m-following-exploit\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/tokenstalk.info\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Crypto exchange HTX sees outflows top $258M following exploit\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/tokenstalk.info\/#website\",\"url\":\"https:\/\/tokenstalk.info\/\",\"name\":\"Tokens Talk\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/tokenstalk.info\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/tokenstalk.info\/#\/schema\/person\/6f5c93d641f4dc4ea25a3807d041e4ab\",\"name\":\"mediabest\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/tokenstalk.info\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/f5f13cb3b94fc348d515c0951f6ca073?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/f5f13cb3b94fc348d515c0951f6ca073?s=96&d=mm&r=g\",\"caption\":\"mediabest\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Crypto exchange HTX sees outflows top $258M following exploit - Tokens Talk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/tokenstalk.info\/crypto\/crypto-exchange-htx-sees-outflows-top-258m-following-exploit\/","og_locale":"en_US","og_type":"article","og_title":"Crypto exchange HTX sees outflows top $258M following exploit - Tokens Talk","og_description":"Crypto investors have been moving their assets away from crypto exchange HTX (formerly Huobi) following...","og_url":"https:\/\/tokenstalk.info\/crypto\/crypto-exchange-htx-sees-outflows-top-258m-following-exploit\/","og_site_name":"Tokens Talk","article_published_time":"2023-12-11T07:40:04+00:00","author":"mediabest","twitter_card":"summary_large_image","twitter_image":"https:\/\/tokenstalk.info\/wp-content\/uploads\/2023\/12\/Crypto-exchange-HTX-sees-outflows-top-258M-following-exploit.jpg","twitter_misc":{"Written by":"mediabest","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/tokenstalk.info\/crypto\/crypto-exchange-htx-sees-outflows-top-258m-following-exploit\/","url":"https:\/\/tokenstalk.info\/crypto\/crypto-exchange-htx-sees-outflows-top-258m-following-exploit\/","name":"Crypto exchange HTX sees outflows top $258M following exploit - Tokens Talk","isPartOf":{"@id":"https:\/\/tokenstalk.info\/#website"},"datePublished":"2023-12-11T07:40:04+00:00","dateModified":"2023-12-11T07:40:04+00:00","author":{"@id":"https:\/\/tokenstalk.info\/#\/schema\/person\/6f5c93d641f4dc4ea25a3807d041e4ab"},"breadcrumb":{"@id":"https:\/\/tokenstalk.info\/crypto\/crypto-exchange-htx-sees-outflows-top-258m-following-exploit\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/tokenstalk.info\/crypto\/crypto-exchange-htx-sees-outflows-top-258m-following-exploit\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/tokenstalk.info\/crypto\/crypto-exchange-htx-sees-outflows-top-258m-following-exploit\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/tokenstalk.info\/"},{"@type":"ListItem","position":2,"name":"Crypto exchange HTX sees outflows top $258M following exploit"}]},{"@type":"WebSite","@id":"https:\/\/tokenstalk.info\/#website","url":"https:\/\/tokenstalk.info\/","name":"Tokens Talk","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/tokenstalk.info\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/tokenstalk.info\/#\/schema\/person\/6f5c93d641f4dc4ea25a3807d041e4ab","name":"mediabest","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/tokenstalk.info\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/f5f13cb3b94fc348d515c0951f6ca073?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/f5f13cb3b94fc348d515c0951f6ca073?s=96&d=mm&r=g","caption":"mediabest"}}]}},"_links":{"self":[{"href":"https:\/\/tokenstalk.info\/wp-json\/wp\/v2\/posts\/196822"}],"collection":[{"href":"https:\/\/tokenstalk.info\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tokenstalk.info\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tokenstalk.info\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/tokenstalk.info\/wp-json\/wp\/v2\/comments?post=196822"}],"version-history":[{"count":0,"href":"https:\/\/tokenstalk.info\/wp-json\/wp\/v2\/posts\/196822\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tokenstalk.info\/wp-json\/wp\/v2\/media\/196821"}],"wp:attachment":[{"href":"https:\/\/tokenstalk.info\/wp-json\/wp\/v2\/media?parent=196822"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tokenstalk.info\/wp-json\/wp\/v2\/categories?post=196822"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tokenstalk.info\/wp-json\/wp\/v2\/tags?post=196822"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}