Following a major hack, HTX held a discussion with security experts on safeguarding the crypto industry. Justin Sun emphasized innovation and collaboration in the field.
Security as a Priority for HTX
Justin Sun stated that security is a 'top priority', requiring constant vigilance and learning. He noted the evolution of hacker tactics and the need to continuously update security protocols. HTX has implemented multi-layered alert systems and discloses reserve data to enhance transparency.
Sun's Influence on Crypto Security Practices
Sun highlighted security principles as foundational for every business and product. He provided examples such as the early implementation of multi-signature functionality in TRON and the launch of USDD 2.0. HTX actively conducts testing and studies attack methods for prevention.
Response to Incident and Industry Cooperation
In response to CZ's suggestion to halt withdrawals, Sun explained that such actions are necessary for assessment, though their duration should be minimized. He stressed the importance of cooperation between exchanges, security agencies, and communities to counter hacker threats and advance the industry.
HTX affirms its commitment to security through a strategy of continuous improvement and collaboration with experts, highlighting its dedication to protecting user assets and creating a secure trading environment.
