- HTX Global received a total of 4,999 Ether (ETH) worth $8.2 million in refunds.
- Earlier, the Huobi hot wallet was used to communicate with the hacker in Chinese.
Lookonchain, a provider of blockchain analytics and insights, claims that the hacker who broke into HTX Global (previously Huobi) has restored all of the stolen funds. HTX Global received a total of 4,999 Ether (ETH) worth $8.2 million in refunds.
Last week, an unknown hacker breached the crypto exchange’s security, resulting in the loss of the stated amount of ETH. The Huobi hot wallet was used to communicate with the hacker in Chinese. In the message, the exchange asserts that it has tracked down the offender.
Negotiation Successful
TRON founder and HTX adviser Justin Sun assured that any damage from the attack will be compensated for as soon as possible after it occurred. In a similar vein, he said the hacking-related problems had been fixed.
Sun said that the amount of money taken was a minor percentage of HTX Global’s $3 billion in assets. Simultaneously, the hacker was offered a 5% Whitehat incentive, which would be worth $400,000 if all the money was returned. The hacker was also given a job opportunity as a Whitehat security adviser in exchange for a prompt and voluntary return.
In particular, Sun said that the HTX security staff discovered the vulnerability on September 24, 2023, at 6 p.m. However, onchain security company Cyvers Alerts has already learned about suspicious transactions. Mixin Network recently lost $200 million, and those funds were related to transactions that were ultimately traced back to HTX and Binance.
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