Crypto entrepreneur Justin Sun confirmed that two platforms linked to him, the HTX exchange and Heco bridge, suffered an attack, saying:
“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 attack. Once we complete the investigation and identify the cause, we will resume services.”
Blockchain security firm Cyvers Alerts estimated that the loss from the attack is more than $100 million. Meir Dolev, Cyvers Alerts’ chief technological officer, said:
“We are detecting multiple suspicious transactions on HTX_Global hot wallets and on HECO_Chain bridge that were probably executed by the same entity, total value of $100 million.”
The hack
According to multiple reports from blockchain security firms, Heco Bridge appears to have been drained of $87 million.
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