Huobi News

To minimize the damage, HTX proactively offered 5% of the drained funds as a “white-hat bonus,” which would amount to nearly $400,000.

HTX crypto exchange has been hacked, but it claims to know the identity of the attacker.

The name HTX represents the exchange, the blockchain project Tron and the company’s 10th anniversary.

According to key CEX players, success in the crypto industry hinges on adapting to client needs, navigating regulatory changes and prioritizing mass crypto education.

This week’s episode of The Market Report explores the reasons why Binance let go of a majority of its USDC reserves and what it replaced them with.

The exchange faces ongoing rumors about its falling stablecoins reserves and an alleged investigation by Chinese authorities.

Securities Commission Malaysia has ordered Huobi Global to stop all activity after failing to register to operate in the country.

After cutting employees and benefits, the cryptocurrency exchange reportedly made a $30 million profit during the first quarter of 2023.

Huobi Global has joined hands with Gala Games, a blockchain-based play-to-earn gaming platform, to work together on the investment and listing of Web3 projects.

A Binance spokesperson told Cointelegraph that they hired 600 people since January and have no imminent plans for layoffs.

The cryptocurrency exchange recently cut 20% of its staff, but now it will increase its personnel in Hong Kong from 50 to 200.

The North Korean-based hacker outfit Lazarus Group resorted to different privacy mixers attempting to anonymize the stolen funds, but it didn’t work.

Huobi has announced the impending closure of its Huobi Cloud Wallet service, citing strategic adjustments for the move.

The first-ever case of crypto insider trading highlights the need for reforms from exchanges to keep track of their employee’s trade activities.

In a recent tweet, on-chain crypto detective ZachXBT said that the hackers had moved $64 million over the weekend.