Cryptocurrency Exchange Hotbit Hacked: Systems Paralyzed, 2 Million Users Aff...

Cryptocurrency Exchange Hotbit Hacked: Systems Paralyzed, 2 Million Users Aff...

A cryptocurrency exchange with about 2 million users worldwide announced that it has “suffered a serious cyber attack.” A number of basic services are paralyzed and the attacker tried to access the exchange’s wallets. Consequently, the platform has shut down, stating that it needs to perform a “comprehensive inspection” which is expected to last one to two weeks. Hotbit Says It ‘Suffered a Serious Cyber Attack’ Crypto exchange Hotbit announced Friday: Hotbit just suffered a serious cyber attack starting around 08:00 PM UTC, April 29,2021, which led....


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Crypto exchange Hotbit says it froze customer funds due to alleged criminal t...

It's not yet clear how the alleged criminal misconduct of a former employee led to a law enforcement freeze on users' funds. On Thursday, cryptocurrency exchange Hotbit said it "suspended trading, deposit, withdrawal and funding functions," with no timeframe for resumption. In explaining the decision, Hotbit stated:"A former Hotbit management employee who left in April this year was, unbeknownst to Hotbit, involved in a project in 2021 that law enforcement authorities now think is suspected of violating criminal laws. As a result, a number of Hotbit senior managers have been subpoenaed by....

Crypto Exchange Hotbit Suspends Service After Law Enforcement Freezes Its Fun...

Crypto exchange Hotbit has announced the suspension of trading, deposits, withdrawals, and funding on its platform. The exchange said law enforcement has frozen some of its funds and subpoenaed some senior managers as they investigate a criminal case involving the exchange’s former employee. Hotbit Suspends Trading, Deposits, Withdrawals Cryptocurrency exchange Hotbit announced the suspension of its services on Wednesday. The company wrote: We regret to inform you that Hotbit will have to suspend trading, deposit, withdrawal and funding functions. The exact time of....

Chinese Crypto Exchange, Hotbit Goes Offline After Unsuccessful Cyberattack

Chinese crypto exchange, Hotbit, has shut down all of its services after suffering a cyberattack on Thursday. The cryptocurrency exchange with over 2 million users worldwide announced that it suffered an attack that forced some of its services to paralyze as the attached tried to access the exchange’s wallets. “Hotbit just suffered a serious cyber-attack […]

Hotbit crypto exchange shuts down for maintenance after attempted hack

The Chinese crypto exchange says funds are “SAFU” and that the emergency maintenance could take up to two weeks. Cryptocurrency exchange platform Hotbit has shut down all of its services after an attempted cyberattack on Thursday.“Hotbit just suffered a serious cyber-attack starting around 08:00 PM UTC, April 29, 2021, which led to the paralyzation of a number of some basic services,” a notice on the platform’s website reads. The hackers were reportedly unsuccessful in gaining access to Hotbit’s wallets but did manage to compromise the platform’s user database. Thus, the Hotbit team has....

Hotbit Users Can Earn Up to 60% APY With BixBcoin

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