Cryptocurrency
[loss] $115M+
"Justin Sun Confirms HTX, Heco Chain Exploited After $100M in Suspicious Transfers"
Primary Source ↗Financial Loss
$115.0M
(115,000,000 USD)
Blockchain(s)
Ethereum
Incident Details
Justin Sun confirmed that HTX (formerly Huobi) and its related Heco Chain protocol were hacked for a combined $115 million. It’s been a rough few weeks for Sun, whose Poloniex exchange was hacked for around $120 million on November 10, and a rough few months for HTX, which was hacked for $8 million in late September.HTX suspended withdrawals as they investigated the hack, and wrote that the company would “fully compensate for HTX’s hot wallet losses”. Security firm Cyvers said they believed the theft was enabled by a private key leak.
Total loss estimated at $115,000,000.
Technical Details
- Initial Attack Vector
- Private key compromise
- Vendor / Product
- HTX and Heco Chain
Timeline
- 2023-11-22 Breach occurred
- 2023-11-22 Publicly disclosed