HTX (formerly Huobi)
- Failure type
- Hack
- Date
- September 2023
- Reported loss
- ~5,000 ETH (~$8M) taken from a hot wallet (publicly reported estimate)
What happened
On 24 September 2023 roughly 5,000 ETH — about $8 million — was taken from a single HTX hot wallet. The exchange identified the attacker, negotiated the return of 95% of the funds and paid the remaining 5% as a white-hat bounty. Customer balances were covered in full.
What to take from it
Negotiating money back worked because the amount was small and the trail was public. That is an outcome, not a security control — no exchange can promise you the next attacker will take the deal.
Dates and figures are widely reported public estimates from coverage at the time, not KripZen's own audited data.
Where it sits on the record
The documented exchange failures we track, in the order they happened.
- 2014Mt. Gox
- 2015Bitstamp
- 2016Bitfinex
- 2016The DAO
- 2017Parity Multisig Wallet Freeze
- 2018BitConnect
- 2018Coincheck
- 2019Binance
- 2019Bitfinex / Crypto Capital
- 2019QuadrigaCX
- 2020KuCoin
- 2022Celsius Network
- 2022Crypto.com
- 2022FTX
- 2022Ronin Bridge
- 2022Terra / LUNA
- 2022Three Arrows Capital
- 2022Wormhole
- 2023HTX (formerly Huobi) (You are here)
- 2024DMM Bitcoin
- 2025Bybit