HTX hacked again for $13.6 million, 100,000 Koreans test CBDC, Binance 2.0: Asia Express
OUR weekly summary of news Since East Asia curators THE industry most important developments.
HTX exchange pirate… AgainIn THE fourth To hack affecting THE HTX (Previously Huobi Global) ecosystem In just two month, THE exchange lost $30 million via A hot wallet To hack that occurred on Nov. 22. THE Rising was update Since original reports of $13.6 million.
In It is Nov. 23 announcement, THE exchange to "fully compensate for For THE losses cause by This attack And 100% guarantee THE security of user funds," as GOOD as restore services In 24 hours of THE attack. THE day Before, THE HTX Ecological Chain (HECO) bridge was exploited For $86.6 million. A investigation East in progress.
In September, THE HTX exchange was pirate For $7.9 million; This was follow up by A $100 million To hack against THE Poloniex exchange, A related entity, In November. Justin Sun, THE Chinese blockchain personality And de facto owner of HTX (not has mention THE owner of Poloniex, founder of Tron And CEO of BitTorrent etc), After THE attack that "HTX Will Fully Compensate for For HTX hot wallet Losses. Deposits And Withdrawals Temporarily Suspended. All Funds In HTX Are Secure." Sun previously Also given assurance that "all user assets are #SAFU” In THE consequences of THE September To hack against HTX.
Huobi rebranded has HTX during This years Singapore2049 event In September. Although It is executives to have Many times reassured that THE exchange East TO DO GOOD, THE exchange ran In A number of this year, including A .
Cryptocurrency exchange Binance has agreed has plead guilty has violate THE WE. Bank Secret Act, knowingly fail has register as A money transfer business, And deliberately violate THE International Emergency Economic Powers Act. THE exchange will pay $4.3 billion In penalties And confiscation has THE WE. Justice Department.
According to has THE Nov. 21, Chang Peng Zhao, co-founder And CEO of Binance, has Also pleaded guilty has A count of deliberately violate THE WE. Bank Secret Act. Zhao has Since between her staff advocacy In THE District Court For THE Western District of Washington.
HAS THE time, Zhao was granted A $175 million bind that allowed him has to reside In Dubai on hold her sentencing audience on Feb. 24. However, THE WE. Department of Justice has Since appeals that decision, ask has to confine her residence has THE WE. on hold THE sentencing audience due has Zhao allegedly possess A "unacceptable risk of flight. »
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In It is charge, THE Department of Justice that, In A little perceptible incidents And , Binance ease on $1 billion In illicit transactions For Iranian users, THE Russian walk Hydra And cryptocurrency mixer Best blender. And he requested WE. users without Before registration. Binance was Also accused of deliberately masking such Actions as " conform with WE. law would be to choke their efforts has to grow Binance profits, walk share, And trade volume."
THE even day, Zhao like THE CEO of Binance. "I do errors, And I must take responsibility. This East best For OUR community, For Bina....
![HTX hacked again for $13.6 million, 100,000 Koreans test CBDC, Binance 2.0: Asia Express](https://cointelegraph.com/magazine/wp-content/uploads/2023/02/magazine-Asia-Express-09_02_23-scaled-rest.jpeg?#)
OUR weekly summary of news Since East Asia curators THE industry most important developments.
HTX exchange pirate… AgainIn THE fourth To hack affecting THE HTX (Previously Huobi Global) ecosystem In just two month, THE exchange lost $30 million via A hot wallet To hack that occurred on Nov. 22. THE Rising was update Since original reports of $13.6 million.
In It is Nov. 23 announcement, THE exchange to "fully compensate for For THE losses cause by This attack And 100% guarantee THE security of user funds," as GOOD as restore services In 24 hours of THE attack. THE day Before, THE HTX Ecological Chain (HECO) bridge was exploited For $86.6 million. A investigation East in progress.
In September, THE HTX exchange was pirate For $7.9 million; This was follow up by A $100 million To hack against THE Poloniex exchange, A related entity, In November. Justin Sun, THE Chinese blockchain personality And de facto owner of HTX (not has mention THE owner of Poloniex, founder of Tron And CEO of BitTorrent etc), After THE attack that "HTX Will Fully Compensate for For HTX hot wallet Losses. Deposits And Withdrawals Temporarily Suspended. All Funds In HTX Are Secure." Sun previously Also given assurance that "all user assets are #SAFU” In THE consequences of THE September To hack against HTX.
Huobi rebranded has HTX during This years Singapore2049 event In September. Although It is executives to have Many times reassured that THE exchange East TO DO GOOD, THE exchange ran In A number of this year, including A .
Cryptocurrency exchange Binance has agreed has plead guilty has violate THE WE. Bank Secret Act, knowingly fail has register as A money transfer business, And deliberately violate THE International Emergency Economic Powers Act. THE exchange will pay $4.3 billion In penalties And confiscation has THE WE. Justice Department.
According to has THE Nov. 21, Chang Peng Zhao, co-founder And CEO of Binance, has Also pleaded guilty has A count of deliberately violate THE WE. Bank Secret Act. Zhao has Since between her staff advocacy In THE District Court For THE Western District of Washington.
HAS THE time, Zhao was granted A $175 million bind that allowed him has to reside In Dubai on hold her sentencing audience on Feb. 24. However, THE WE. Department of Justice has Since appeals that decision, ask has to confine her residence has THE WE. on hold THE sentencing audience due has Zhao allegedly possess A "unacceptable risk of flight. »
Read also
FeaturesHow has protect your crypto In A volatile walk: Bitcoin O.G. And experts to weigh in
FeaturesShould crypto projects Never negotiate with pirates? Probably
In It is charge, THE Department of Justice that, In A little perceptible incidents And , Binance ease on $1 billion In illicit transactions For Iranian users, THE Russian walk Hydra And cryptocurrency mixer Best blender. And he requested WE. users without Before registration. Binance was Also accused of deliberately masking such Actions as " conform with WE. law would be to choke their efforts has to grow Binance profits, walk share, And trade volume."
THE even day, Zhao like THE CEO of Binance. "I do errors, And I must take responsibility. This East best For OUR community, For Bina....
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