{"id":552812,"date":"2023-09-25T22:00:36","date_gmt":"2023-09-25T22:00:36","guid":{"rendered":"https:\/\/wncen.com\/?p=552812"},"modified":"2023-09-25T17:37:02","modified_gmt":"2023-09-25T17:37:02","slug":"huobi-hacked-for-8-million-worth-of-eth-offers-hacker-5-bounty","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/huobi-ht\/huobi-hacked-for-8-million-worth-of-eth-offers-hacker-5-bounty\/","title":{"rendered":"Huobi Hacked For $8 Million Worth Of ETH, Offers Hacker 5% Bounty"},"content":{"rendered":"

According to Arkham Intel, the Huobi crypto exchange platform (HTX) fell victim to a hacking incident<\/a> resulting in the theft of 5000 ETH, valued at approximately $8 million. The hacker reportedly moved 1,000 ETH to a separate wallet, 0x799, shortly after compromising the platform and has since remained silent.<\/span><\/p>\n

Related Reading: Ripple CTO Weighs In: Why A Higher XRP Price Is Beneficial For Adoption<\/a><\/div>\n

Huobi Resolves Breach, Offers Hacker Lucrative Deal For Stolen ETH<\/span><\/h2>\n

Justin Sun, the Founder of TRON and an Advisor to Huobi, <\/span>confirmed <\/span><\/a>the incident on X (formerly Twitter), stating that HTX suffered a loss of 5,000 ETH due to the hack. Sun stated:<\/span><\/p>\n

HTX has suffered a loss of 5,000 ETH ($8 million USD) due to a hacker attack. HTX has fully covered the losses incurred from the attack and has successfully resolved all related issues. All user assets are<\/span> SAFU<\/span> and the platform is operating completely normally.<\/span><\/p><\/blockquote>\n

Sun reassured users that HTX had fully covered the losses and resolved all related issues. He emphasized that user assets were secure and that the platform operated normally.\u00a0<\/span><\/p>\n

According to Sun, the stolen amount of $8 million represents a relatively small fraction compared to the $3 billion worth of assets held by HTX users and is equivalent to just two weeks’ revenue for the platform.<\/span><\/p>\n

Sun further stated that the hack was detected immediately after the incident on September 24th. HTX swiftly took action to prevent further losses and promptly addressed all issues, restoring the platform to its normal state immediately. Trading operations have continued without interruption.<\/span><\/p>\n

Notably, as an incentive for the hacker to return the stolen funds, HTX offers a 5% white hat reward of $400,000. Additionally, if the hacker returns the funds, they will be considered for a position as a security white hat advisor for HTX. On this matter, Sun claimed:\u00a0<\/span><\/p>\n

We are willing to offer 5% of the stolen amount (400,000 USD) as a white hat reward to encourage the hacker to return the stolen funds. If the hacker returns the funds, we will also hire them as a security white hat advisor for HTX.<\/span><\/p><\/blockquote>\n

However, if the hacker fails to return the funds within seven days, HTX will transfer the information to law enforcement authorities for further action and potential prosecution.<\/span><\/p>\n

Related Reading: Crypto Analyst Says Prepare For 100% Increase In Bitcoin Price As Historical Pattern Forms<\/a><\/div>\n
<\/div>\n
Overall, Justin Sun’s statement regarding the recent hack suffered by Huobi’s HTX platform reassured users that the losses incurred had been fully covered and all related issues had been successfully resolved.<\/div>\n
\"Huobi
Huobi’s native token HT dropped following the hack on the daily chart. Source: HTUSDT on TradingView.com<\/a><\/figcaption><\/figure>\n

The native token of the exchange, HT, is currently trading at $2.44, reflecting a 1.3% decline in the past 24 hours following the revelation of the hack that occurred on Sunday.\u00a0<\/span><\/p>\n

Featured image from Shutterstock, chart from TradingView.com\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

According to Arkham Intel, the Huobi crypto exchange platform (HTX) fell victim to a hacking incident resulting in the theft of 5000 ETH, valued at approximately $8 million. The hacker reportedly moved 1,000 ETH to a separate wallet, 0x799, shortly after compromising the platform and has since remained silent. Related Reading: Ripple CTO Weighs In: Why A Higher XRP Price Is Beneficial For Adoption Huobi Resolves Breach, Offers Hacker Lucrative Deal For Stolen ETH Justin Sun, the Founder of TRON and an Advisor to Huobi, confirmed the incident on X (formerly Twitter), stating that HTX suffered a loss of 5,000 ETH due to the hack. Sun stated: HTX has suffered a loss of 5,000 ETH ($8 million USD) due to a hacker attack. HTX has fully covered the losses incurred from the attack and has successfully resolved all related issues. All user assets are SAFU and the platform is operating completely normally. Sun reassured users that HTX had fully covered the losses and resolved all related issues. He emphasized that user assets were secure and that the platform operated normally.\u00a0 According to Sun, the stolen amount of $8 million represents a relatively small fraction compared to the $3 billion worth of assets held by HTX users and is equivalent to just two weeks’ revenue for the platform. Sun further stated that the hack was detected immediately after the incident on September 24th. HTX swiftly took action to prevent further losses and promptly addressed all issues, restoring the platform to its normal state immediately. Trading operations have continued without interruption. Notably, as an incentive for the hacker to return the stolen funds, HTX offers a 5% white hat reward of $400,000. Additionally, if the hacker returns the funds, they will be considered for a position as a security white hat advisor for HTX. On this matter, Sun claimed:\u00a0 We are willing to offer 5% of the stolen amount (400,000 USD) as a white hat reward to encourage the hacker to return the stolen funds. If the hacker returns the funds, we will also hire them as a security white hat advisor for HTX. However, if the hacker fails to return the funds within seven days, HTX will transfer the information to law enforcement authorities for further action and potential prosecution. Related Reading: Crypto Analyst Says Prepare For 100% Increase In Bitcoin Price As Historical Pattern Forms Overall, Justin Sun’s statement regarding the recent hack suffered by Huobi’s HTX platform reassured users that the losses incurred had been fully covered and all related issues had been successfully resolved. The native token of the exchange, HT, is currently trading at $2.44, reflecting a 1.3% decline in the past 24 hours following the revelation of the hack that occurred on Sunday.\u00a0 Featured image from Shutterstock, chart from TradingView.com\u00a0<\/p>\n","protected":false},"author":589,"featured_media":552813,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[87321],"tags":[15715,13387,87182,17247,89053],"class_list":["post-552812","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-huobi-ht","tag-ethereum-eth","tag-hacker-bounty","tag-htusdt","tag-huobi-global","tag-huobi-global-huobi-exchange"],"acf":[],"yoast_head":"\nHuobi Hacked For $8 Million Worth Of ETH, Offers Hacker 5% Bounty<\/title>\n<meta name=\"description\" content=\"Huobi fell victim to a hacking incident resulting in the theft of 5000 ETH, currently valued at approximately $8 million.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wncen.com\/news\/huobi-ht\/huobi-hacked-for-8-million-worth-of-eth-offers-hacker-5-bounty\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Huobi Hacked For $8 Million Worth Of ETH, Offers Hacker 5% Bounty\" \/>\n<meta property=\"og:description\" content=\"Huobi fell victim to a hacking incident resulting in the theft of 5000 ETH, currently valued at approximately $8 million.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wncen.com\/news\/huobi-ht\/huobi-hacked-for-8-million-worth-of-eth-offers-hacker-5-bounty\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2023-09-25T22:00:36+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-09-25T17:37:02+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/09\/shutterstock_download-2.jpg?fit=390%2C260\" \/>\n\t<meta property=\"og:image:width\" content=\"390\" \/>\n\t<meta property=\"og:image:height\" content=\"260\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Ronaldo Marquez\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Rmmcapital\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ronaldo Marquez\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/wncen.com\/news\/huobi-ht\/huobi-hacked-for-8-million-worth-of-eth-offers-hacker-5-bounty\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/news\/huobi-ht\/huobi-hacked-for-8-million-worth-of-eth-offers-hacker-5-bounty\/\"},\"author\":{\"name\":\"Ronaldo Marquez\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/23849d4cdb61b3b34c9e7e5fea0a9a6c\"},\"headline\":\"Huobi Hacked For $8 Million Worth Of ETH, Offers Hacker 5% Bounty\",\"datePublished\":\"2023-09-25T22:00:36+00:00\",\"dateModified\":\"2023-09-25T17:37:02+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/huobi-ht\/huobi-hacked-for-8-million-worth-of-eth-offers-hacker-5-bounty\/\"},\"wordCount\":485,\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/huobi-ht\/huobi-hacked-for-8-million-worth-of-eth-offers-hacker-5-bounty\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/09\/shutterstock_download-2.jpg?fit=390%2C260\",\"keywords\":[\"Ethereum (ETH)\",\"Hacker bounty\",\"HTUSDT\",\"Huobi Global\",\"Huobi global. 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With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo's journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this groundbreaking technology. Driven by an insatiable thirst for knowledge, Ronaldo has delved into the depths of the crypto space, exploring its various facets, from blockchain fundamentals to market trends and investment strategies. His tireless exploration and commitment to staying up-to-date with the latest developments have granted him a unique perspective on the industry. One of Ronaldo's defining areas of expertise lies in technical analysis. He firmly believes that studying charts and deciphering price movements provides valuable insights into the market. Ronaldo recognizes that patterns exist within the chaos of crypto charts, and by utilizing technical analysis tools and indicators, he can unlock hidden opportunities and make informed investment decisions. His dedication to mastering this analytical approach has allowed him to navigate the volatile crypto market with confidence and precision. Ronaldo's commitment to his craft goes beyond personal gain. He is passionate about sharing his knowledge and insights with others, empowering them to make well-informed decisions in the crypto space. Ronaldo's writing is a testament to his dedication, providing readers with meaningful analysis and up-to-date news. He strives to offer a comprehensive understanding of the crypto industry, helping readers navigate its complexities and seize opportunities. Outside of the crypto realm, Ronaldo enjoys indulging in other passions. As an avid sports fan, he finds joy in watching exhilarating sporting events, witnessing the triumphs and challenges of athletes pushing their limits. Furthermore, His passion for languages extends beyond mere communication; he aspires to master German, French, Italian, and Portuguese, in addition to his native Spanish. Recognizing the value of linguistic proficiency, Ronaldo aims to enhance his work prospects, personal relationships, and overall growth. However, Ronaldo's aspirations extend far beyond language acquisition. He believes that the future of the crypto industry holds immense potential as a groundbreaking force in history. With unwavering conviction, he envisions a world where cryptocurrencies unlock financial freedom for all and become catalysts for societal development and growth. Ronaldo is determined to prepare himself for this transformative era, ensuring he is well-equipped to navigate the crypto landscape. Ronaldo also recognizes the importance of maintaining a healthy body and mind, regularly hitting the gym to stay physically fit. He immerses himself in books and podcasts that inspire him to become the best version of himself, constantly seeking new ways to expand his horizons and knowledge. With a genuine desire to become the best version of himself, Ronaldo is committed to continuous improvement. He sets personal goals, embraces challenges, and seeks opportunities for growth and self-reflection. Ultimately, combining his passion for cryptocurrencies, dedication to learning, and commitment to personal development, Ronaldo aims to go hand-in-hand with the exciting new era that the emerging crypto technology is bringing to the world and societies.","sameAs":["https:\/\/instagram.com\/itsmarquez_fr?igshid=ZDdkNTZiNTM=","https:\/\/x.com\/Rmmcapital"],"url":"https:\/\/wncen.com\/author\/ronaldomarquez\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Huobi Hacked For $8 Million Worth Of ETH, Offers Hacker 5% Bounty","url":"http:\/\/wncen.com\/news\/huobi-ht\/huobi-hacked-for-8-million-worth-of-eth-offers-hacker-5-bounty\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/huobi-ht\/huobi-hacked-for-8-million-worth-of-eth-offers-hacker-5-bounty\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/09\/shutterstock_download-2.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/09\/shutterstock_download-2.jpg?fit=390%2C260"},"articleSection":"Huobi (HT)","author":[{"@type":"Person","name":"Ronaldo Marquez"}],"creator":["Ronaldo Marquez"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["ethereum (eth)","hacker bounty","htusdt","huobi global","huobi global. huobi exchange"],"dateCreated":"2023-09-25T22:00:36Z","datePublished":"2023-09-25T22:00:36Z","dateModified":"2023-09-25T22:00:36Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Huobi Hacked For $8 Million Worth Of ETH, Offers Hacker 5% Bounty\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/huobi-ht\\\/huobi-hacked-for-8-million-worth-of-eth-offers-hacker-5-bounty\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/huobi-ht\\\/huobi-hacked-for-8-million-worth-of-eth-offers-hacker-5-bounty\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/09\\\/shutterstock_download-2.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/09\\\/shutterstock_download-2.jpg?fit=390%2C260\"},\"articleSection\":\"Huobi (HT)\",\"author\":[{\"@type\":\"Person\",\"name\":\"Ronaldo Marquez\"}],\"creator\":[\"Ronaldo Marquez\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"ethereum (eth)\",\"hacker bounty\",\"htusdt\",\"huobi global\",\"huobi global. huobi exchange\"],\"dateCreated\":\"2023-09-25T22:00:36Z\",\"datePublished\":\"2023-09-25T22:00:36Z\",\"dateModified\":\"2023-09-25T22:00:36Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/09\/shutterstock_download-2.jpg?fit=390%2C260","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/552812"}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/589"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=552812"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/552812\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/552813"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=552812"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=552812"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=552812"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}