The post HTX Crypto Exchange Drained of $258 Million Post-Hack appeared first on Coinpedia Fintech News
November saw a series of high-profile breaches in the cryptocurrency world, with hackers targeting five major exchanges – HTX, Poloniex, Heco Bridge, KyberSwap, and Kronos Research – resulting in a staggering theft of $290 million. The alarming frequency of these attacks sends a clear warning signal to both businesses and consumers about the critical need for unified cybersecurity measures.
But the question is what is the fallen empire hiding beneath the doors, another scam looming on the horizon? With HTX having maximum Bitcoin reserve will it impact the market since many are expecting a massive surge in Bitcoin price? Bitcoin recently hit the expected high of $45,000, and if the market stays stable, 2024 will be a great year for it. However, such market activity can make or break momentum. Let’s do a reality check on the latest hack events.
A Cascade of Hacks Raises Questi
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