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HTX 2025 Mid-Year Security Report: Upgrading a Multi-Layered Defense for a Safer Crypto Ecosystem

2025-07-09 05:36:22

Main Idea

HTX, a global cryptocurrency exchange, has reinforced its security measures in response to increasing cyber threats in the crypto industry, including the record-breaking $1.4 billion Bybit hack, and highlights its mid-year security achievements and future commitments to a multi-layered security model.

Key Points

1. The crypto industry faced significant security challenges in the first half of 2025, including the largest single-theft event in crypto history—the $1.4 billion Bybit hack—exposing vulnerabilities in attack methodologies and risk management frameworks.

2. HTX has implemented robust security measures, sending over 2.01 million security alerts to users, blocking scam attempts, and freezing compromised funds, totaling significant recoveries and interceptions.

3. HTX has transitioned to a multi-layered security model, incorporating advanced technologies like on-chain traceability, multi-factor authentication, and partnerships with anti-money laundering organizations.

4. Key security upgrades include dynamic permission verification, end-to-end transaction authentication, and monthly red-blue team threat simulations to enhance real-world attack readiness.

5. HTX is committed to building a trust-centric, resilient crypto ecosystem, investing heavily in security innovation and compliance to address evolving threats and strengthen user confidence.

Description

Panama, X July, 2025 – 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, the global crypto exchange Bybit 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...

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