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Home » Breaking News: Cryptocurrency Exchange Faces DDoS Attack “System Meltdown”, Sun Yuchen Assures User Fund Security
Cryptocurrency

Breaking News: Cryptocurrency Exchange Faces DDoS Attack “System Meltdown”, Sun Yuchen Assures User Fund Security

By adminJan. 19, 2024No Comments1 Min Read
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Breaking News: Cryptocurrency Exchange Faces DDoS Attack "System Meltdown", Sun Yuchen Assures User Fund Security
Breaking News: Cryptocurrency Exchange Faces DDoS Attack "System Meltdown", Sun Yuchen Assures User Fund Security
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Huobi Exchange (HTX) experienced a major system crash around 8 p.m. tonight, causing a large number of users to report that they were unable to access the official website. The official Huobi account urgently tweeted, stating that the crash was due to a DDoS attack and assuring users that their assets were safe.

Ironically, Sun Yuchen had just announced yesterday that he would unveil the HTX DAO project today, aiming to give Huobi a fresh start. However, the exchange was unexpectedly targeted by hackers.

Related Reports:
Breaking News: Sun Yuchen’s Heco and HTX (formerly Huobi) both suffered losses of $110 million due to hacking incidents.
Hong Kong Securities and Futures Commission exposes over 10 crypto companies that claimed to have applied for licenses but failed to follow through, including Binance, OKEx, and HTX.
Huobi hacked, resulting in a loss of 5,000 ETH. Sun Yuchen stated that he will fully compensate for the losses, while CZ sarcastically suggested changing the name to HTX and bringing it to a new level.

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