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Friday, May 10, 2024

Crypto exchange HTX hit by $258m outflow after hack

(Screenshot from https://www.htx.com/en-us/#exchange)

The HTX exchange, a digital-asset trading platform linked to China-born industry mogul Justin Sun, has suffered a $258 million net outflow since resuming operations after suffering a major hack.

The funds left the exchange between its Nov 25 restart and Dec 10, DefiLlama data show, a sign that some clients were unsettled by last month’s security incident. HTX said it lost $30 million worth of crypto tokens in the…

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