Bitcoin deposits and withdrawals have been successfully resumed following a significant setback on November 22, when the HTX crypto exchange fell victim to a $30 million exploit. The exchange shared this positive development in a blog post dated November 26, stating that deposit and withdrawal functions are now operational for various currencies besides Bitcoin. The official statement reads:
We are pleased to announce that HTX has resumed withdrawal services for certain cryptos via the ERC20 blockchain, including ETH, MATIC, PEPE, FLOKI, SHIB, etc. The resumption of deposit and withdrawal services for more cryptos on the platform will be implemented gradually. Please stay tuned for further announcements.
Expressing gratitude for the continued support and trust of its users, HTX has also introduced a special token airdrop event as a gesture of appreciation. This event will utilize a snapshot of users’ Rockets, with Rocket values determined by the 30-day average balance measured in USDT. Each USDT will equal one Rocket, and users holding assets such as HT, TRON [TRX], Bitcoin, and Ethereum will have their Rocket values multiplied.
The tokens for the airdrop will be sourced from a premium asset set to be listed on HTX, with specific details of the event to be unveiled in early December. In addition to the official announcement, TRON founder Justin Sun shared in a post that HTX has plans to gradually restore functionality to the remaining cryptocurrencies, anticipating completion “by next week.” HTX, previously known as Huobi, underwent an international rebranding under the guidance of Justin Sun.
Bitcoin Profitability Shoots Up
The exchange gained notoriety when an anonymous hacker illicitly accessed its hot wallets, resulting in an initial loss of approximately $13 million. On the same day, another venture led by Sun suffered an $85 million loss, adding to the challenges faced by the crypto industry, TronWeekly reported.
Meanwhile, the Bitcoin market has recorded a spike in the profitability metric, with the volume of Bitcoin supply reaching levels last seen two years ago. The Glassnode report showed that over 83% of the Bitcoin coin supply is currently held in profit, marking the highest level since November 2021, near the all-time high [ATH] of that period.
