According to data from HTX page, HTX has updated the Merkle Tree asset proof data for February 2024. The specific reserve ratios for this update are: USDT 101% (HTX assets 550,800,308), BTC 100% (HTX assets 21,651), ETH 102% (HTX assets 147,009), TRX 103% (HTX assets 9,684,177,652). Among them, the USDT and ETH data already include stUSDT, USDT-T-Bills assets, and BETH, stETH. Currently, the reserve ratio of HTX remains above 100%, which means that HTX wallet assets exceed the total assets held by users, and HTX has sufficient reserve funds to safeguard user asset security.

Huobi HTX, Huobi HTX will open the HTX exchange for HT on January 31 at 20:00. This exchange channel is open to all HTX holders and the exchange is completely voluntary. Users can click the "Exchange HT" button on the asset page, spot account, and other locations on the Huobi HTX APP/official website to operate. It is reported that the exchange ratio for HTX to HT is 2,666,640 HTX for 1 HT (this exchange ratio only applies to HTX exchange for HT). The exchangeable quantity is limited and based on a first-come, first-served basis. HTX DAO is a leading decentralized autonomous organization in the blockchain ecosystem, focusing on open finance and decentralized tokenized economy. HTX DAO demonstrates an innovative governance approach. Under the empowerment of HTX DAO's decentralized governance, Huobi HTX Exchange will break down the barriers of centralized governance and return the power of the exchange to each user, making users the owner of Huobi HTX.

According to the Huobi HTX announcement, TURT's deposit service was opened on December 17th at 11:00 (GMT+8). TURT/USDT spot trading will be available on December 17th at 17:00 (GMT+8). TURT's withdrawal service will be available on December 18th at 17:00 (GMT+8).TURT is an experimental BRC-20 MEME token with unique properties. It aims to combine the value consensus of BTC and Order, allowing more individuals to understand and participate in the ecological development of Order and return to the BTC network.

Justin Sun said he expects functionality for other cryptocurrencies to gradually be reinstated with full services returning by next week.

According to an official announcement, Huobi HTX has now resumed withdrawal services for the following ERC20 network tokens: HOT, LINK, MANA, NEXO, PRO, LITH, FTT, LOOKS, SUSHI, FET, MATIC, SNX, MKR, AAVE, LINA, PANDO, MASK, BAT, TRAC, MTL, RSS3, WOO, ZIG, OMG, PEPE, FLOKI, SIS, CTX, STORJ, CRU, INSUR, IMX, SHIB, PHA, LDO, SPELL, EPIK, MULTI, AURORA, BAL, LOOT, OXT, PUSH, PLU, REEF, FORTH, LQTY, ARPA, ZKS, TITAN, GMEE, FOR, CRV, GODS, STORE, CVX, MXC, GT, REQ, SRM, GF, AUDIO, CVC, ZRX, YFII, AQT, BIX1, LRC, WOZX, and BLUR.

Huobi HTX has resumed the withdrawal service of ETH&USDT and some TRON-based tokens, including BTT, JST, NFT, SUN, USDD, WIN, and USDJ. The deposit and withdrawal services for more currencies on the platform will gradually resume. 

According to WhaleAlert monitoring, at 15:47:59 Beijing time, 60,005,287 HT (worth 177,900,201 USD) was transferred from HECO to Huobi.

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.

Cyvers Alerts on X platform stated that the system detected multiple suspicious transactions from the HTX hot wallet. The suspicious address received 1240 ETH from the HTX hot wallet, followed by USDT, LINK, and USDC. According to the investigation, the total loss is approximately $12.4 million.

Justin Sun, the Chinese blockchain personality and de facto owner of crypto exchange HTX, has announced that the firm made a profit of $98 million in Q3 2023. Sun stated that HTX generated $202 million in revenues during the quarter, offset by $104 million in expenses. Sun predicts that HTX will generate $190 million in revenue and $88 million in expenditure in Q4 2023, resulting in an estimated profit of $104 million. Despite staff reductions and falling revenues earlier in the year, Sun remains optimistic about the future of the crypto market.