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Published Nov 23, 2023 10:51AM ET Updated Nov 23, 2023 01:00PM ET
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.
HTX to restore services ‘within 24 hours’ after $13.6M hack