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HTX suffers $13.6M loss in HECO Chain bridge exploit, promises full compensation

HTX, previously known as Huobi Global, has reportedly suffered a loss of $13.6 million due to an exploit on the HECO Chain bridge. The loss is said to have resulted from three compromised hot wallets, with users and exchange assets swapped for Ether and distributed to various Ethereum addresses. The attack drained 1,240 Ether, 7.3 million Tether, 1.78 million USD Coin, and 62,200 Chainlink, among other coins and tokens. HTX's de-facto owner, Justin Sun, has stated that the exchange will fully compensate for the losses, and deposits and withdrawals have been temporarily suspended.

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