#JustinSun #Bitcoin #HTXExchange #CryptoExchange #CryptoHacks #CryptoSecurity #Blockchain #Cryptocurrencies
Justin Sun has reportedly announced that the functionality of other cryptocurrencies will gradually return after HTX, a crypto exchange connected with him, survived a $30 million exploit on November 22. Bitcoin (BTC) deposits and withdrawals have begun to be facilitated by the exchange. Moreover, as per the exchange’s November 26 blog post, services for multiple currencies like BTC, Ether (ETH), Tron (TRX), and Tether (USDT) were reinstated.
This announcement was followed by another update from Justin Sun stating that HTX is set to slowly roll out restoration processes for the remaining cryptocurrencies. He optimistically predicts that the said process will be complete “by the next week.” HTX saw its hot wallets drained by $30 million, and was one among the four Sun-related or Sun-controlled crypto platforms that was hacked in half as many months. Around the same time, the HTX Eco (HECO) Chain bridge – constituting HTX, Tron, and BitTorrent which are all connected to, or controlled by Sun, was attacked and lost $86.6 million.
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