On February 23, 2025, in Singapore, following a major $1.5 billion hack on a cryptocurrency exchange, HTX organized a live discussion on pressing security issues.
Security as a Priority for HTX
Justin Sun emphasized that security is a 'top priority', requiring constant vigilance and learning. He illustrated hacker tactic evolution, from hot wallet attacks to sophisticated multi-signature wallet breaches.
Sun's Influence on Security Practices
Sun has a significant impact on raising security standards at HTX, reflected in the implementation of multi-signatures in TRON and the launch of USDD 2.0. He also focuses on strengthening security mechanisms through internal protocols and collaboration with white hat hackers.
Collaborating Against Hacker Threats
Sun calls for closer cooperation between exchanges and security agencies to address hacker threats. He noted the critical nature of the initial hours post-attack and supported the idea of suspending withdrawals to minimize risks.
HTX is committed to protecting user security by enhancing internal protocols and cooperating with industry leaders to create a secure and reliable trading environment.
