HTX Completes $21.25 Million Token Burn In Q3 2024, Shifts To Full Destruction Model

HTX (@HTX_Global) has successfully completed its third-quarter token burn for 2024, eliminating 15.81 trillion $HTX tokens, valued at $21.25 million. This burn, conducted just two days ago, marks a continued effort by the platform to enhance the token’s value through strategic supply reduction. Since March 2024, when HTX initiated its liquidity donation and burn program, … Read more

HTX Integrates Lightning Network for Faster Bitcoin Payments

HTX has announced the integration of Bitcoin’s Lightning Network, a second-layer payments protocol designed to facilitate faster and cheaper transactions. This move aims to enhance the efficiency of Bitcoin payments and withdrawals on the platform, significantly reducing transaction times and costs. The integration is part of a strategic partnership with IBEX, a fintech company specializing … Read more

HTX Is Developing an Apple Vision Pro Crypto Exchange Concept

In a recent social media post, Justin Sun, the crypto entrepreneur, shared his experience with the HTX app on his Apple Vision Pro. He expressed his satisfaction with the app’s performance, highlighting its capabilities to view cryptocurrency and place orders. Sun’s post also revealed that HTX is in the process of developing a new concept … Read more

HTX Is Latest Exchange to Integrate Fireblocks

Global crypto exchange HTX has integrated Fireblocks Off Exchange. This is aimed at enhancing digital asset security and streamlining global compliance operations. It employs Fireblocks’ multi-party computation (MPC) technology to mitigate exchange counterparty risk, marking a substantial step in risk mitigation for over-the-counter transactions in the cryptocurrency market. The collaboration is expected to improve the … Read more

Heco Bridge Hacker Moves $137 Million in Stolen ETH to Tornado Cash

In a recent development observed by onchain alerts, the entity responsible for exploiting the Heco bridge and siphoning off millions in ethereum late in November 2023 from the conduit bridge connecting Ethereum and the Heco blockchain, transferred 40,391.8 ether to the mixing platform Tornado Cash. Heco Bridge Exploiter Transfers Millions Worth of Ether to Tornado … Read more