Why is HTX Witnessing a $258 Million Outflow After Multiple Exploits? 😱

Amid multiple #hacks , the crypto exchange HTX faced an exodus of $258 million post a $30 million exploit in November.

Investor trust plummeted after four attacks within two months, including a $100 million Poloniex breach and a HECO Chain bridge #compromise .

Despite promises by Justin Sun, no response from HTX has surfaced. November marked a $363 million theft surge in the crypto realm, underscoring mounting #security concerns and the flight of assets from compromised platforms like HTX.

#Binance

#crypto2023