HTX

HTX DAO Completes Over $22.17 Million $HTX Token Burn in Q2 2025, Advancing Decentralized Governance

July 17, 2025 2 mins read

HTX DAO announced the successful completion of its $HTX token burn for Q2 2025 on 15 July. This initiative is a core component of HTX DAO’s ongoing strategy to implement its deflationary mechanism, aiming to enhance the long-term value of $HTX while fostering more stable value expectations for token holders and the broader community. Token Burn to Enhance $HTX Value On-chain data confirms the destruction of 11,796,322,511,974.72 $HTX tokens, valued at over

HTX Launches Multi-Assets Collateral Mode for USDT-Margined Futures, Empowering Traders With Enhanced Capital Efficiency

May 21, 2025 2 mins read

HTX, a leading global cryptocurrency exchange has rolled out a major product upgrade with the official launch of the Multi-Assets Collateral Mode for USDT-margined futures, now available to all users. This new feature marks a significant step forward in flexible capital deployment, enabling users to trade more efficiently without the need to convert collateral assets. A New Standard for Futures Flexibility The Multi-Assets Collateral mode introduces a breakthrough in futures

HTX Hot Listings Week 6 May 2025: Top Gainer Up 521% as Bitcoin Breaks $100K Again

May 17, 2025 4 mins read

As Bitcoin surged back above $100,000, the crypto market saw a notable resurgence in trading activity and investor enthusiasm over the past week. On HTX, several trending tokens—spanning Solana Memecoins, Ethereum Memes, AI, and Restaking sectors—recorded sharp gains and significant trading volume from May 6 to May 12. Below are the recently standout tokens based on 7-day performance: Solana Meme Sector MOODENG (+521%) Inspired by the viral pygmy hippopotamus “Moo Deng” in Thailand, this

HTX’s Third Phase of Borrow & Earn #3 Is Live

December 25, 2024 3 mins read

With the Christmas season approaching, HTX has launched the 3rd phase of its limited-time “Borrow & Earn” event to thank the users for their support and trust. The event kicked off at 02:00 (UTC) on December 23, with the prize pool doubled to 10,800,000,000 $HTX (double the amount of the prize pool in the 2nd phase). Experiencing HTX Crypto Loans and Sharing in a Prize Pool for a Limited Time HTX’s Flexible

Justin Sun’s HTX (formerly Huobi) turns off proof-of-reserves as TUSD struggles

January 29, 2024 1 min read

Crypto exchange HTX, formerly Huobi, has raised concerns after abruptly disabling its proof-of-reserves system, according to Adam Cochran, managing partner at Cinneamhain Ventures. This unexpected move coincides with TrueUSD (TUSD), which is alleged to be owned by HTX stakeholder Justin Sun, struggling to maintain its $1 peg for more than two weeks. Earlier today, attempts to access HTX’s proof-of-reserves page revealed a complete lack of information about the exchange’s cryptocurrency

HTX Exchange Ventures Invests in Academic Labs to Drive Web3 Education Transformation

December 22, 2023 2 mins read

HTX Ventures, the global investment arm of the HTX crypto exchange, has invested in Academic Labs, a Web3 education platform. Through its token and NFT systems, the investment aims to enable Academic Labs to expand its offerings, providing more introduction opportunities to new Web3 users and improving educational engagement among existing users. Academic Labs uses AI and Web3 technologies to enhance the educational experience, providing courses on essential skills such

HTX exchange faces over $250 million in withdrawals after a major hack

December 11, 2023 1 min read

Between November 25 and December 10, the HTX exchange, formerly known as Huobi and associated with crypto mogul Justin Sun, saw a massive withdrawal of over $250 million. This significant outflow occurred shortly after the exchange reopened after a significant hack in November, raising security and trust concerns among the cryptocurrency community. HTX suffered $30 million in crypto token losses during the November hack, prompting a temporary suspension of withdrawals

Is Justin Sun, HTX Exchange at Risk of Becoming the Next SBF? Analyst Warns

November 24, 2023 1 min read

The crypto-focused YouTube channel “Discover Crypto” recently raised concerns about the HTX exchange and Tron founder Justin Sun, drawing parallels to the difficulties faced by FTX’s Sam Bankman-Fried. According to the channel, Sun’s business operations may face similar issues as FTX. The host of Discover Crypto expresses concerns about Justin Sun’s management style, implying similar risks to those faced by Sam Bankman-Fried. Sun, who founded the multibillion-dollar Tron blockchain, is

HTX and Heco Chain Hacked, Resulting in $97 Million Theft

November 23, 2023 1 min read

Cryptocurrency exchanges HTX and Heco Chain, both associated with Justin Sun, were hacked, resulting in a staggering $97 million loss. Justin Sun assured users that HTX would compensate them for any losses incurred as a result of the breach. All deposits and withdrawals on the platforms are currently suspended while investigations into the root cause of the security breach continue. “We’re actively investigating the hack,” Sun said in a statement,

How HTX’s $8 Million Hack Impacts Centralized Crypto Exchanges

September 30, 2023 2 mins read

Earlier this week, cryptocurrency exchange HTX, formerly known as Huobi, experienced a significant security breach. Around 5,000 Ether (ETH), valued at $7.9 million, was stolen by a hacker who compromised the exchange’s hot wallet, making off with the assets in a single sweep. In response to the breach, Tron founder and HTX advisor Justin Sun reassured users that their assets would be safe and the exchange would cover the losses.

Binance Mobilizes Security Team to Recover Huobi HTX Stolen Funds

September 26, 2023 1 min read

In the fast-paced world of cryptocurrency, timely intervention is crucial when a hack occurs. Recently, HTX (formerly known as Huobi) reported a hack resulting in a loss of $8 million. To combat such cyberattacks, Binance CEO Changpeng “CZ” Zhao stepped in to offer the help of Binance’s security team in investigating the incident. The swiftness of addressing crypto hacks is essential, as hackers often try to cover their tracks by