News and Analytics

Heco Chain has been non-functional for almost 2 months now
0

Heco Chain has been non-functional for almost 2 months now

Jan 8, 2024

The well-known analyst Colin Wu recently posted a message on Twitter discussing an issue related to the Heco Chain blockchain. According to him, the user community expressed dissatisfaction because, after a hacking attack that occurred in November 2023, they still cannot perform operations to deposit and withdraw their digital assets in Heco Chain.

As a result of this attack, criminals stole about $86.6 million in cryptocurrency from the HTX trading platform and the Heco Chain network. Consequently, users still do not have access to their digital funds. Moreover, the company's official website is not functioning, and their Twitter page has not been updated since February 2023. Previously, well-known businessman Justin Sun stated that Heco would be integrated with the Tron blockchain.

Justin Sun, a Chinese entrepreneur and co-founder of the TRON Foundation, is also known as the creator of the cryptocurrency Tron (TRX) and the eponymous blockchain platform. He was born on July 10, 1990, in Jiangsu Province, China. After earning a master's degree at the University of Pennsylvania, USA, Sun enrolled in a doctoral program at the University of Glasgow, UK, but later decided to leave his academic career for entrepreneurship in blockchain and cryptocurrencies.

In 2017, Sun founded the TRON Foundation with the goal of creating a decentralized platform for content and entertainment. TRON was introduced as an ecosystem that allows developers to create and launch dApps (decentralized applications) and smart contracts.

In 2018, Sun acquired the data exchange platform BitTorrent and integrated it into the TRON ecosystem. He actively promotes the blockchain and cryptocurrency TRX through social media and marketing campaigns. Additionally, Sun became a shareholder and board member of the exchanges Poloniex and HTX (formerly Huobi).

Comments

Latest analytics

Revealing the Top...

Revealing the Top Crypto Auto Trading Platforms

Top best centralized...

Top best centralized crypto exchanges

Show more

Latest Dapp Articles

Show more

You may also like