Crypto exchange HTX sees outflows top $258M following exploit
1 min read![Crypto exchange HTX sees outflows top 8M following exploit Crypto exchange HTX sees outflows top 8M following exploit](https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror=redirect,quality=90,width=1200/https://s3.cointelegraph.com/uploads/2023-12/e838e57d-009c-4ea6-b0d6-d663a9985d93.jpg)
Crypto investors have been moving their assets away from crypto exchange HTX (formerly 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
The largest of the exploits was the $100 million Poloniex exchange exploit on Nov. 10, allegedly caused by a private key compromise.
HTX’s HECO Chain bridge — a tool designed for moving digital assets between HTX and other blockchain networks — also suffered a massive breach on Nov. 22. Hackers compromised HECO and sent at least $86.6 million to suspicious addresses.
Meanwhile, November was the worst month for crypto theft in 2023, with hackers and other malicious actors making off with $363 million of ill-gotten digital assets.
Cointelegraph contacted HTX for comment but did not receive an immediate response.
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