Hackers hit the crypto exchange giant HTX with a distributed denial of service attack (DDoS) on Friday morning, causing a brief outage. A DDoS attack is a malicious attempt by bad actors to flood the target website with traffic to overwhelm the site’s infrastructure. HTX is the newly rebranded name of Huobi. Tron (TRX) founder Justin […]
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The Justin Sun-linked crypto exchange HTX has witnessed $258 million in outflows in the wake of a $30 million exploit in November.
Crypto investors have been moving their assets away from crypto exchange HTX (formerly known as Huobi) following a Nov. 22 exploit that saw the exchange pause its services and lose a total of $30 million.
Between Nov. 25 — the day that HTX resumed its services — and Dec. 10, the exchange witnessed some $258 million in net outflows, according to data from DefiLlama.
DefiLlama data shows HTX’s reserves comprise 32.3% Bitcoin (BTC) and 31.8% Tron (TRX). TRX is the native currency of the Tron network, a blockchain launched by Sun in 2017.
