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13 May 2021

Hotbit crypto exchange shuts down for maintenance after attempted hack

Hotbit crypto exchange shuts down for maintenance after attempted hack


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With all normal operations currently paused during the ongoing maintenance, the Hotbit also revealed that pending trading orders are canceled to prevent losses.

According to the Hotbit announcement, the maintenance will last for at least seven days with reports that the investigation and system upgrade could take as long as two weeks.

Addressing users on the exchange’s Telegram group, Alex Zhou, the chief security officer at Hotbit revealed that user funds were not affected by the attack, stating, “The attacker tried to break into the wallet server to steal funds but the action was identified and blocked successfully by Hotbit risk control system.

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cointelegraph.com
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