Luck was in favor of HTX. After wiping a $8 million cryptocurrency hack, on September 24, Justin Sun’s company was smiling again. We don’t know what happened, but the hacker returned almost all of the stolen money. He saw himself rewarded with 250 ETH by this good gesture.
HTX’s white hat hacker wins awards
The hack of the Huobi crypto platform, recently renamed HTX, cost the company almost 5,000 ETH. At the time, that was the equivalent of $8 million stolen.
As usual, CZ has reached out to HTX in all its attempts to track down the hacker.
“ HTX (formerly Huobi) sent a bounty of 250 ETH to the HTX Global attacker, worth $410,000, with the following message: you made the right choice. Please submit a security vulnerability scan report to the email so that we can avoid similar incidents in the future. Your privacy will be protected. »
Based on data published by Lookonchain on October 7, Binance confirmed this tweet from Wu Blockchain. The anonymous HTX hacker had indeed returned all of the stolen money, 4,999 ETH, to his victim. This represented approximately $8.2 million at time of delivery of these crypto holdings.
Additionally, the white hat hacker left a message for HTX technicians. First, it gave them an address to which the bonus should be sent. And then, he highlighted the existence ofa flaw in the ecosystemparticularly concerning the hot wallet of the cryptocurrency exchange platform.
“ A hacker left a message: white hat bonus sent to 0x1Fc8674A51D6b97C968BE384337519CE7003152B. The private key of your system hot wallet leaked, you need to change the system hot wallet address and reduce the system hot wallet rate. »
Difficult blockchain security
Yesterday, October 7, Justin Sun commented on this gesture as follows:
“ The hacker made the right choice. We would like to express our gratitude to everyone in the industry for their help! »
At the same time, he recognized the vulnerability of blockchain technology, making cryptocurrencies liable to regular theft.
“ Strengthening blockchain security and protecting user assets is never an easy task, and we have been working tirelessly! Providing complete security for user assets is always our goal to achieve! We are grateful for the continued support of our users and community “, he continued.
The irony is that crypto hacking has proliferated in recent times. Immunefi, a blockchain security platform, has identified at least 76 attacks on crypto and Web3 projects in the third quarter of 2023.
However, in the third quarter of 2022, this figure rose to only 30.
Looking at these statistics, it looks like crypto hackers are furious.
Note that the decentralized cross-chain protocol Mixin was also the subject of a computer attack almost at the same time as HTX. Hackers stole nearly $200 million on occasion. Another lame move from Lazarus Group?
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