Crypto Platforms HTX and Heco Chain Hacked, $115M Stolen

Digital entrepreneur Justin Sun assures that losses will be covered following the major security breach.

Two cryptocurrency platforms linked to digital entrepreneur Justin Sun, HTX and Heco Chain, were hacked, with an estimated $115 million stolen.
HTX, formerly known as Huobi, lost around $30 million in cryptocurrencies, while Heco Chain lost an estimated $85.4 million, mainly in stablecoin USDT and ether.
HTX has temporarily suspended deposit and withdrawal services as a precautionary measure and is working to identify the source of the attack.
This follows a recent hack of another Sun-backed exchange, Poloniex, which resulted in $100 million worth of cryptocurrencies being stolen.
Sun has assured that HTX will cover all losses users suffered due to this security breach.