Hotbit exchange suspended due to hacker attack and data leak 2 million users – Bits Media

Cryptocurrency exchange Hotbit suspended operations for maintenance after cyber attack and reported possible data breach. Users are safe.

HotBit was seriously attacking attackers, which has begun 29 april about 23:00 in Moscow time. This paralyzed the work of the exchange services. As a result, the trading platform was forced to leave for maintenance, which will last at least seven days. The investigation and update of the system can take up to two weeks.

According to Hotbit, hackers could not access the exchange wallet wallets, since security experts managed to prevent them. After an unsuccessful attempt to steal cryptocurrencies, hackers deliberately deleted the database, which totaled around 2 million users. Despite the backup of the database, Hotbit considers it necessary to conduct its comprehensive check.

Since attackers gained access to user data, There is a risk of leakage of phone numbers, email addresses and information about user digital assets. Passwords and keys 2FA are encrypted, Therefore, theoretically, they should be safe. However, Hotbit technical specialists recommended users to change passwords and ignore any messages from persons and organizations, affirming, that they are representatives of the exchange.

Given the suspension of all operations, Hotbit announced the cancellation of all unfulfilled trading orders to prevent losses. The exchange will take on any losses, which can arise in holders of positions on traded tools during technical work on the exchange. Head Security Head of the Security Service Alex Zhou (Alex Zhou) confirmed, that user funds are safe. The exchange began to move all cryptocurrencies from hot wallets to cold.

Time, reserved for maintenance of the exchange, causes fears among Hotbit users due to recent incidents, occurred with two Turkish exchanges of cryptocurrencies. Last week, the Thodex trading platform suddenly stopped trading operations, And its founder fled the country. Another Turkish platform, Vebitcoin, also announced the termination of work, And its employees were detained by law enforcement agencies on suspicion of fraud.