To no avail, Cyver has attempted to contact Huobi for comment regarding the transaction. The transaction under scrutiny involved the transfer of 5,000 ETH, equivalent to approximately $7.9 million, originating from HuobiGlobal’s hot wallet.
Upon thorough investigation, Cyver uncovered an announcement on HTX Global’s support page regarding a hot wallet migration. The investigation revealed that one of Huobi’s hot wallets was compromised, resulting in a substantial loss of $7.9 million. Huobi Global has made an offer by extending a 5% white hat bonus to the hacker involved.