HTX Recovers $8 Million in Stolen Funds, Offers 250 ETH Bounty: In recent events, Huobi Global’s HTX crypto exchange has successfully recovered $8.2 million. This sum equates to 4,999 Ethereum (ETH), unlawfully taken in a Huobi Global’s crypto exchange HTX has confirmed the return of the funds stolen by a hacker in late September and issued a 250 Ether bounty after resolving the issue. One of HTX’s hot wallets was targeted, resulting in the significant loss.

Centralized cryptocurrency exchange HTX, formerly known as Huobi Global, was able to recover $8 million in stolen Ethereum (ETH) following a hacking incident in September that drained their hot wallets. To incentivize the return, The hacker received a 5% white-hat incentive, or a remuneration of 250 ETH for restoring the funds, as well as a job offer to work as a white-hat security adviser.

This swift recovery highlights HTX's commitment to security and user safety. The 250 ETH bounty serves not only as a reward for the hacker's cooperation but also as a testament to HTX's proactive approach in resolving security breaches. Learn more about the HTX recovery and the white-hat bounty offered. Stay informed about the latest developments in cryptocurrency security.