In October 2024, cryptocurrency exchange HTX blocked seven attempts to withdraw funds to fraudulent addresses, safeguarding 12,689 USDT for its clients. The trading platform also dispatched 280,871 security notifications, marking a 22% increase compared to the previous month, as detailed in its monthly report.
The HTX team shut down five phishing sites and resources distributing counterfeit exchange applications.
“We analyzed and resolved 13 incidents related to external asset thefts that occurred on the platform. This resulted in the freezing of funds amounting to 491,745 USDT, an increase of 183% compared to September,” commented representatives of the exchange.
HTX also added 190 new addresses to its blacklist and blocked 13 deposits from them, totaling 32,946 USDT.
HTX (formerly Huobi) is a cryptocurrency exchange founded in 2013. The platform supports spot, futures, and P2P trading.
Previously, HTX spokesperson Liu Ye shared plans to enhance the tokenomics of HTX DAO.