Binance Mobilizes Security Team to Recover Huobi HTX Stolen Funds

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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