The post Binance CEO Teases Justin Sun Over Huobi’s Name Change Amid $7.9 Million Hack, Offers Hand In Tracking Stolen Assets appeared first on Coinpedia Fintech News
Crypto exchanges often find themselves struggling with hackers. But amidst the challenges, there’s always room for a little banter, especially when it comes from industry giants. Changpeng Zhao, better known as CZ, the CEO of Binance, couldn’t resist taking a playful jab at Justin Sun, the founder of Huobi Global, after the latter’s exchange faced a hack of over $7.9 million. The incident came just a week after Huobi underwent a rebranding, changing its name to HTX—a move that many noted bore a striking resemblance to another major exchange, FTX-now bankrupt.
Binance Wants To Support HTX In Tracking Stolen Funds
HTX, previously known as Huobi, suffered a security breach resulting in a loss of 500 ether (ETH), valued at approximately $8 million. The breach, which took place on Sunday, was promptly detected. Justi
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