Ethereum

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 <p>The Heco Cross-Chain Bridge has fallen victim to a hacker attack, according to the latest on-chain data. Justin Sun, the founder of HTX, confirmed the breach via a tweet, revealing that HTX’s hot wallet had suffered losses.</p>
 <p>The incident has prompted HTX to take immediate action, with assurances that all funds within HTX remain secure.</p>
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    <p lang="en" dir="ltr">HTX and Heco Cross-Chain Bridge Undergo Hacker Attack. HTX Will Fully Compensate for HTX's hot wallet Losses. Deposits and Withdrawals Temporarily Suspended. All Funds in HTX Are Secure, and the Community Can Rest Assured. We are investigating the specific reasons for the hacker…</p>
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    </div> — H.E. Justin Sun 孙宇晨 (@justinsuntron) November 22, 2023
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 <h2 class="wp-block-heading" id="h-heco-bridge-suffers-83-4-million-loss">Heco Bridge suffers $83.4 million loss</h2>
 <p>In a subsequent tweet by the analytics firm LookOnChain, the extent of the hack was laid bare. A staggering $83.4 million worth of assets from the Heco Bridge were stolen, encompassing a range of cryptocurrencies.</p>
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    <p lang="en" dir="ltr">~$83.4M assets of #HECO Bridge were stolen. <br><br>Including: <br>42.11M $USDT<br>10,145 $ETH($20.42M)<br>489 $HBTC($15.63M)<br>346.87B $SHIB($2.75M)<br>173.2K $UNI($932K)<br>610K $USDC<br>42,399 $LINK($600K)<br>347K $TUSD<br><br>All stolen assets were exchanged for $ETH, for a total of 41,434 $ETH($83.4M). pic.twitter.com/3lj5QkzX9f</p>— Lookonchain (@lookonchain) November 22, 2023
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 <p>The loot included 42.11 million USDT, 10,145 ETH, 489 HBTC, 346.87 billion SHIB, 173.2 thousand UNI, 610 thousand USDC, 42,399 LINK, and 347 thousand TUSD. Notably, all pilfered assets were converted to Ethereum (ETH), totaling 41,434 ETH.</p>
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 <p><strong>Also read: BNB Price Prediction For November End 2023, Will BNB Dip Further?</strong></p>
 <p>The immediate aftermath of the breach has led to HTX taking decisive measures. Additionally, in a bid to mitigate the impact on its community, HTX has committed to providing full compensation for the losses incurred. Consequently, the platform has temporarily suspended deposits and withdrawals as investigations into the hack unfold.</p>
 <p>Despite the severity of the situation, HTX emphasizes that all funds within the HTX ecosystem remain secure, reassuring its user base. Justin Sun has communicated the ongoing efforts to pinpoint the specifics of the hacker attack, promising that once the investigation is complete and the cause identified, normal services will resume.</p>
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 <p>The cyber attack on Heco Bridge is yet another stark reminder of the vulnerabilities within the cryptocurrency space.&nbsp;</p>
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/justin-sun-confirms-83-4-million-heco-bridge-hack-tbt71231.html">https://thebittimes.com/justin-sun-confirms-83-4-million-heco-bridge-hack-tbt71231.html</a></p>

Justin Sun Confirms $83.4 Million Heco Bridge Hack

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TheBitTimes

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