Justin Sun's HTX Services Restored After Exchange Hit by 'DDoS' Attack

Sun then followed up around 15 minutes later saying that all services on HTX had been restored

AccessTimeIconJan 19, 2024 at 12:51 p.m. UTC
Updated Mar 8, 2024 at 8:13 p.m. UTC

Crypto exchange HTX and the HTX DAO (decentralized autonomous organization) restored their services after it was hit by a distributed denial-of-service attack on Friday.

Justin Sun, crypto mogul and HTX advisor, said that the services were restored after a nearly 15-minute outage in a post on his X account.

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  • A DDoS attack is designed to force an online service offline, by flooding it with many requests, consuming its capacity with the goal of it being unable to respond to legitimate requests.

    HTX was also hacked on Nov. 10 last year in an attack that saw around $97 million stolen from the exchange and blockchain protocol Heco Chain.

    Edited by Parikshit Mishra.


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    Jamie Crawley

    Jamie Crawley is a CoinDesk news reporter based in London.


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