HTX, the crypto exchange associated with digital-asset entrepreneur Justin Sun, has successfully reinstated Bitcoin deposits and withdrawals after a recent hacking attack. The exchange, along with another platform backed by Sun, Poloniex, fell victim to separate exploits, potentially resulting in the loss of over $110 million in cryptocurrencies. Justin Sun acknowledged the HTX hack last week, with an HTX spokesperson revealing that approximately $30 million worth of cryptocurrencies were taken from the exchange wallet during the security breach. The restoration of Bitcoin services signals HTX’s ongoing efforts to recover and strengthen its platform security. (Source Yahoo Finance)
Related
Japan Prepares for Bitcoin ETFs with SBI and Franklin Templeton Partnership
SFC Alerts Public to Unlicensed Virtual Asset Trading Platform CoinUnited.io
Protected: Quantum Crypto Updates 5 | July 2024
Revolut Secures UK Banking License, Poised to Expand Services
Bank of Ghana and Monetary Authority of Singapore Successfully Demonstrate E-Cedi in Cross-Border Transactions