HTX Fell Victim to Hack! HTX exchange CEO Justin Sun announced that he was attacked, which led to a loss of 5,000 Ethereum ($7.9 million).

After HTX fell victim to the hack attack Justin Sun shared to assure customers via ‘X’ ” HTX, has suffered a loss of 5,000 Ethereum due to a hacker attack.” “HTX, has fully covered the losses caused by the attack and successfully resolved all related issues.” He said.

Justin Sun said that the stolen ether “represents a small amount compared to the $3 billion worth of assets in our users’ hands.” Sun also stressed that the stolen cryptocurrencies were only equivalent to the exchange’s two-week income.

HTX @HTX_Global has suffered a loss of 5,000 #Eth ($8 million USD) due to a hacker attack. HTX has fully covered the losses incurred from the attack and has successfully resolved all related issues. All user assets are #SAFU and the platform is operating completely normally.

— H.E. Justin Sun 孙宇晨 (@justinsuntron) September 25, 2023

According to the support announcement from Binance CEO CZ;

“Our security team will assist in tracking hacker funds whenever possible.” He said.

The theft occurred just two weeks after the decade-old crypto exchange Huobi changed its name to HTX. The Offshore trading platform hopes that rebranding will make its name known in many countries and make several changes in the future.

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Huobi Becomes ‘HTX’

Crypto exchange Huobi changed its name to HTX to celebrate its tenth anniversary. It was noticed that this name bears a mysterious similarity to the bankrupt FTX company.

Additionally the exchange had already changed its brand on social media accounts. Along with this, it has also changed various product groups like HTX Earn to suit the new brand.

In the announcement made by the exchange, “‘H’ represents Huobi, ‘T’ represents TRON and ‘X’ represents the exchange. When looking at HTX through the combination of HT and X, HT represents the platform’s native token and X represents the exchange symbol.

They added that the X is a Roman numeral in respect of the exchange’s tenth anniversary.

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