HTX Reinforces Security Amid Industry Turmoil, Responding to Record $1.4B Hack with Major Infrastructure Upgrades

10 July 2025 | Thursday | News

Following unprecedented attacks in early 2025, HTX boosts investment in advanced risk management and operational security to protect users and restore confidence in the crypto ecosystem.
Picture Courtesy | Public Domain

Picture Courtesy | Public Domain

 HTX, a leading global cryptocurrency exchange, acknowledges the significant security challenges that impacted the crypto industry in the first half of 2025, which eroded market confidence. On February 21, one of the global crypto exchanges suffered a record-setting $1.4 billion hack, marking the largest single-theft event in crypto history. This attack, reportedly attributed to the Lazarus Group, highlighted persistent industry-wide vulnerabilities concerning advanced attack methodologies, systemic weaknesses, and inadequate cross-platform risk management frameworks.

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