According to the Huobi HTX announcement, TURT's deposit service was opened on December 17th at 11:00 (GMT+8). TURT/USDT spot trading will be available on December 17th at 17:00 (GMT+8). TURT's withdrawal service will be available on December 18th at 17:00 (GMT+8).TURT is an experimental BRC-20 MEME token with unique properties. It aims to combine the value consensus of BTC and Order, allowing more individuals to understand and participate in the ecological development of Order and return to the BTC network.

Justin Sun said he expects functionality for other cryptocurrencies to gradually be reinstated with full services returning by next week.

According to an official announcement, Huobi HTX has now resumed withdrawal services for the following ERC20 network tokens: HOT, LINK, MANA, NEXO, PRO, LITH, FTT, LOOKS, SUSHI, FET, MATIC, SNX, MKR, AAVE, LINA, PANDO, MASK, BAT, TRAC, MTL, RSS3, WOO, ZIG, OMG, PEPE, FLOKI, SIS, CTX, STORJ, CRU, INSUR, IMX, SHIB, PHA, LDO, SPELL, EPIK, MULTI, AURORA, BAL, LOOT, OXT, PUSH, PLU, REEF, FORTH, LQTY, ARPA, ZKS, TITAN, GMEE, FOR, CRV, GODS, STORE, CVX, MXC, GT, REQ, SRM, GF, AUDIO, CVC, ZRX, YFII, AQT, BIX1, LRC, WOZX, and BLUR.

Huobi HTX has resumed the withdrawal service of ETH&USDT and some TRON-based tokens, including BTT, JST, NFT, SUN, USDD, WIN, and USDJ. The deposit and withdrawal services for more currencies on the platform will gradually resume. 

According to WhaleAlert monitoring, at 15:47:59 Beijing time, 60,005,287 HT (worth 177,900,201 USD) was transferred from HECO to Huobi.

HTX, previously known as Huobi Global, has reportedly suffered a loss of $13.6 million due to an exploit on the HECO Chain bridge. The loss is said to have resulted from three compromised hot wallets, with users and exchange assets swapped for Ether and distributed to various Ethereum addresses. The attack drained 1,240 Ether, 7.3 million Tether, 1.78 million USD Coin, and 62,200 Chainlink, among other coins and tokens. HTX's de-facto owner, Justin Sun, has stated that the exchange will fully compensate for the losses, and deposits and withdrawals have been temporarily suspended.

Cyvers Alerts on X platform stated that the system detected multiple suspicious transactions from the HTX hot wallet. The suspicious address received 1240 ETH from the HTX hot wallet, followed by USDT, LINK, and USDC. According to the investigation, the total loss is approximately $12.4 million.

Justin Sun, the Chinese blockchain personality and de facto owner of crypto exchange HTX, has announced that the firm made a profit of $98 million in Q3 2023. Sun stated that HTX generated $202 million in revenues during the quarter, offset by $104 million in expenses. Sun predicts that HTX will generate $190 million in revenue and $88 million in expenditure in Q4 2023, resulting in an estimated profit of $104 million. Despite staff reductions and falling revenues earlier in the year, Sun remains optimistic about the future of the crypto market.

On October 24th, Charmaine Lim, the VIP client manager of Huobi HTX, was invited to attend the Blockchain Life 2023 cryptocurrency summit held in Dubai. In the roundtable forum titled "Outlook for the Cryptocurrency Market: Insights and Predictions from Top Cryptocurrency Exchanges," Charmaine stated that Huobi HTX, like other top exchanges, typically adjusts its strategy during bear markets, focusing on risk management, liquidity, and optimizing operational efficiency. At the same time, it is also constantly innovating and exploring to meet the different usage needs of users. Charmaine pointed out that the ever-changing regulatory environment profoundly affects the operation and strategy of cryptocurrency exchanges. Compliance with regulations is essential for maintaining trust, protecting users, and ensuring long-term sustainability. Considering potential regulatory changes, in the next 2-3 years, Huobi HTX will strengthen its compliance team to ensure compliance with evolving laws and regulations. It will also seek licenses or registrations from regulatory agencies around the world to explore global compliance development, and establish a special working group to actively communicate with industry associations and regulatory agencies to jointly formulate industry standards.

Golden Finance reported that HTX has released its Q3 2023 financial report, with strong revenue reaching $24.75 million. HTX has used 20% of its earnings for quarterly token burning, totaling approximately 2 million HT coins. <br>