Cryptocurrency [loss] $115M+

"Justin Sun Confirms HTX, Heco Chain Exploited After $100M in Suspicious Transfers"

2023-11-22 [vendor] HTX and Heco Chain [chain] ethereum
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

  1. 2023-11-22 Breach occurred
  2. 2023-11-22 Publicly disclosed