Huobi HTX will release a monthly security report to fully safeguard user asset security
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Huobi HTX will release a monthly security report to fully safeguard user asset security
Huobi HTX, as a globally leading cryptocurrency exchange, regards user asset security as its lifeline.
Navigating Web3 tides with focused insightsAccording to statistics from relevant security agencies, between January 2012 and February 2024, there were 148 exchange hacking incidents, resulting in total losses exceeding $11 billion. Recently, security incidents targeting exchange accounts have increased in frequency, with attackers employing increasingly sophisticated methods.
HTX has always prioritized asset security. As one of the earliest exchanges in the industry to implement Proof of Reserves (PoR), HTX regularly discloses Merkle tree-based asset proof data. Since the end of 2022, HTX has conducted 20 reserve audits using the Merkle tree method, consistently maintaining a reserve ratio above 100%, ensuring users can deposit and withdraw assets anytime, securely and in full.
Going forward, HTX will publish a monthly security report, using transparent data to demonstrate its effective efforts in enhancing platform security. Below are HTX's security-related metrics for May 2024:
As a leading global cryptocurrency exchange, HTX treats user asset security as its lifeline. Beyond consistently maintaining a reserve ratio above 100% and publishing monthly security reports, HTX is also a trading platform that simultaneously enables open-source verification of the Merkle tree, wallet address ownership, and on-chain assets. In the future, HTX will continue to safeguard user assets over the long term by adhering to even stricter financial standards.
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