In an unexpected turn of events, hackers who had made off with 5,000 Ethereum (ETH) from HTX, formerly known as Huobi, have surprisingly returned the stolen crypto.
This remarkable development comes with a twist – the hackers not only gave the funds back but also offered advice on how to improve security.
During the refund process, the hackers left a note for HTX, urging the exchange to take immediate action. They advised HTX to change the address of its system hot wallet and reduce the system hot wallet rate due to a private key leak.
The security breach occurred on September 25, resulting in a loss of 5,000 ETH, valued at roughly $8 million.
Fortunately, HTX’s vigilant team promptly detected and responded to the breach. Justin Sun, an advisor to HTX and the founder of Tron, assured the community that the exchange had covered the entire loss, ensuring the safety of all user funds.
The compromised wallet, which was one of HTX’s hot wallets, had received approximately $500 million in deposits from Binance since its inception in March.
Despite this significant loss, Justin Sun took to social media to reassure users about the safety of their assets.
Remarkably, despite the security incident, trading on HTX continued without interruption. The exchange’s commitment to maintaining its services speaks to its resilience in the face of adversity.
In a bid to recover the stolen funds, Justin Sun had announced that HTX was prepared to offer the hacker a substantial $400,000 bug bounty.
Interestingly, the hacker reciprocated this gesture of goodwill by providing a wallet address for the reward in the note left during the refund process.