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Coordinated Cyber Attacks Target Heco Bridge and HTX Exchange, Resulting in $110 Million Cryptocurrency Loss – CoinTrust

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Coordinated Cyber Attacks Target Heco Bridge and HTX Exchange, Resulting in $110 Million Cryptocurrency Loss – CoinTrust

In a recent cybersecurity incident, malicious actors targeted the Heco Bridge infrastructure and the HTX exchange, causing a substantial combined loss of $110 million in cryptocurrency. The interconnected nature of these entities, with Heco Bridge serving as the asset transfer bridge to the Heco chain established by HTX, suggests a coordinated effort by the attackers.Coordinated Exploitation:Although initially appearing as separate incidents, evidence suggests that both the attacks on Heco Bridge and the HTX exchange were orchestrated by the same threat actor. The similarity in exploitative techniques and the inherent connection between the two targets point to a coordinated and strategic assault.… 

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