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HTX to restore services ‘within 24 hours’ after $13.6M hack

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Published Nov 23, 2023 10:51AM ET Updated Nov 23, 2023 01:00PM ET

HTX to restore services ‘within 24 hours’ after $13.6M hack

Crypto exchange HTX, formerly known as Huobi Global, has said it will resume deposits and withdrawals within 24 hours after suffering a $13.6 million exploit on Nov. 22.

In its announcement, the exchange promised to “fully compensate for the losses caused by this attack and 100% guarantee the safety of user funds.” In addition, it wrote, “The amount of funds lost by Huobi HTX this time accounts for a very small amount of the total funds of the platform,” noting that the “normal operations” of HTX were not affected by the incident.

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HTX to restore services ‘within 24 hours’ after $13.6M hack

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